Crude oil price continued its strong bullish rally yesterday to settle above 65.00$ barrier, and it might be forced to show some temporary decline affected by stochastic current negativity, waiting to get positive momentum that reinforces the chances of continuing the main bullish trend.
In general, we will continue to suggest the bullish trend in the upcoming period conditioned by the price stability above 64.20, as breaking this level will put the price within the correctional bearish track again, while our next positive target is located at 66.70.
Expected trading range for today is between 63.70 support and 66.70 resistance.
Expected trend for today: Bullish