Oil 4H midday update
The price of oil has been fluctuating sideways since the morning
Therefore, there is no change to the expected bearish trend scenario for today,
which targets breaking the 82.00 level to confirm the extension of the bearish wave towards the 80.56 then 78.21 levels
stabilizing above 83.26 will support rising to touch 84.55 , 86.08 then 87.67
Pivot Price: 82.00
Resistance prices: 84.55 & 86.08 & 87.67
Support prices: 80.55 & 78.21 & 74.52
The general trend expected for today: bearish
timeframe: 4H
Therefore, there is no change to the expected bearish trend scenario for today,
which targets breaking the 82.00 level to confirm the extension of the bearish wave towards the 80.56 then 78.21 levels
stabilizing above 83.26 will support rising to touch 84.55 , 86.08 then 87.67
Pivot Price: 82.00
Resistance prices: 84.55 & 86.08 & 87.67
Support prices: 80.55 & 78.21 & 74.52
The general trend expected for today: bearish
timeframe: 4H
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