Crude took support at 50 EMA. Now slightly bullish

29 באוג׳ 2022

Crude, after touching a peak, fell and took support at 50 EMA. Now slightly bullish. Overall trend looks bullish over last few months. Same expected to continue . Indicated as per this report too spglobal.com/commodityinsights/en/market-insights/latest-news/oil/070622-crude-oil-price-forecasts-under-pressure-as-recession-fears-mount