Crude oil price attempts to break 81.50$ level now, waiting to confirm the break to rally towards 79.60$ that represents our next correctional target.
Therefore, we will continue to suggest the bearish trend for the upcoming sessions, taking into consideration that failing to confirm the break will lead the price to recover and attempt to test 83.90$ areas before determining the next destination clearly.
The expected trading range for today is between 80.00$ support and 83.30$ resistance
Trend forecast: Bearish