The tight range dominates Crude oil price trading since morning, to continue fluctuating around the EMA50, thus, no change on the overall bullish trend scenario that depends on the stability above 49.34 level, while its main targets begin by breaching 51.65 level to open the way to head towards 53.92 level as a next main station.
Expected trading range for today is between 49.34 support and 53.00 resistance.
Expected trend for today: Overall Bullish