Crude Oil Prices Hold Steady as Market Awaits Momentum Shift

by Yuki

Crude oil prices remain stable around $71.95, as market participants anticipate a surge in momentum to reignite the bullish correction trend. Analysts project a target of $73.48, followed by $75.36 as the next key levels.

Maintaining prices above $71.95 is crucial for reaching these anticipated targets and avoiding a downturn.

Today’s expected trading range is between a support level of $70.80 and a resistance level of $73.80.

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