Crude oil price shows sideways and tight trading since morning, settling around 62.00 level, and the price still confined between the sideways range lines mentioned in our morning report, represented by 60.14 support and 62.65 resistance, to continue suggesting the sideways trades until the price manages to surpass one of the mentioned levels to detect the next short term targets clearly.
To review the details of the expected targets after the breach, please check our morning report.
Expected trading range for today is between 60.14 support and 63.50 resistance.
Expected trend for today: Sideways