Crude oil price keeps its stability below 61.40 level, which keeps the negative pressure valid until now, waiting for testing 60.14 level mainly, reminding you that breaking this level will extend crude oil losses to reach 58.60 as a next station, while breaching 61.40 will stop the expected decline and pushes the price to regain its main bullish track.
Expected trading range for today is between 60.00 support and 62.65 resistance.
Expected trend for today: Bearish