Crude oil price resumes its positive trading to approach 69.36 level, wating to breach this level to confirm extending the bullish wave towards 71.00 followed by 72.80 levels that represent our next main targets, to keep the bullish trend scenario active in the upcoming sessions supported by the EMA50, unless breaking 67.22 level and holding below it.
Expected trading range for today is between 67.00 support and 70.00 resistance.
Expected trend for today: Bullish