Crude oil price trades positively to attack 49.40 level and attempts to hold above it, which hints the price head to regain its main bullish track, noting that closing the daily candlestick above this level confirms heading towards the positive scenario targets that start at 52.85.
On the other hand, we should note that breaking 48.37 will push the price to return to the correctional bearish trend that its next target located at 44.10.