Crude oil price provided calm positive trading this morning but it’s still stuck between the trend keys represented by 65.50 support and 67.22 resistance, and as we mentioned in our morning report, the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.
To review the details of the expected targets after the breach, please check our last report.
Expected trading range for today is between 65.00 support and 68.00 resistance.
Expected trend for today: Depends on the above mentioned levels