Oil price forecast for today: USCrude analysis 28.03.2022

This week’s trading opened with a gap. At the moment, traders are trying to break out the key support of the short-term uptrend 109.82 – 109.22. If successful, the trend will reverse. In this case, consider sales with the target in the lower Target Zone 103.82 – 102.62.

If the key support is held and the price returns to level 109.82, the uptrend will remain a priority. In this case, wait for the formation of a buy pattern and open long trades with the target at March 24 high.

USCrude trading ideas for today:

Watch the market.

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