Crude oil price shows slight positive trading since morning in attempt to resume the main bullish trend after making a new test to the minor bullish channel’s support, as long as the price above 51.15, so the bullish trend scenario will remain valid and active for today, waiting for testing 55.27 level initially, pointing that breaching this level will lead the price to head towards 56.50 directly.
Expected trading range for today is between 52.00 support and 55.27 resistance.
Expected trend for today: Bullish