Crude Oil - Technical Analysis: Thursday, 30/12/2022 02:48 GMT
Following to our previous report we mentioned that the oil was facing the support level at 77.10, this level pushed the oil up, also the Bullish Engulfing candlestick formation has been formed, which is considered as a bullish sign that may open the way for rising to the resistance level at 81, as long as it holds above 77
Trend
Bullish