Crude oil price faces solid resistance at 64.45 barrier, and as we mentioned this morning, the price needs to breach this level followed by 64.95 to confirm extending the bullish wave towards our next main station at 66.75.
In general, the bullish trend will remain suggested for today conditioned by holding above 63.05, noting that the EMA50 keeps supporting the suggested bullish wave.
Expected trading range for today is between 63.20 support and 66.75 resistance.
Expected trend for today: Bullish