Crude oil price trades with clear positivity yesterday after testing 92.50 area, but the EMA50 continues to push negatively on the intraday trading, which supports the continuation of the bearish trend overview in the upcoming period, which is supported by stochastic negativity.
Therefore, we are waiting to test 91.60 level mainly, noting that breaching 94.95 followed by 95.40 levels will stop the current bearish bias and push the price to rise again.
Expected trading range for today is between 92.00 support and 94.95 resistance.
Expected trend for today: Bearish