Crude oil price resumes its positive attempts now after the sideways fluctuation that it witnessed in the previous sessions, to support the continuation of our bullish overview on the intraday and short term basis, which targets visiting 52.95 level as a next main station.
The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 49.45 and 48.37 levels.
Expected trading range for today is between 48.37 support and 52.85 resistance.
Expected trend for today: Bullish