The sideways range continues to dominate Crude oil price trades, and as long as the price is above 59.50, our positive overview will remain active for today, supported by stochastic current positivity, waiting to head towards 63.20 as a next main station, noting that the EMA50 keeps protecting trades inside the bullish channel that appears on the chart.
Expected trading range for today is between 59.50 support and 63.00 resistance.
Expected trend for today: Bullish