Crude Oil Price Analysis
Expected Scenario
- The price of crude oil resumes its negative trading, breaking below 84.90$ and attempting to hold below it.
- This reinforces expectations of continuing the bearish trend for the rest of the day.
- The main awaited target is at 83.10$.
Expected Outcome
The price is expected to continue the bearish trend.
Expected Trading Range
Between the support at 83.60$ and the resistance at 86.60$.
Trend Forecast: Bearish