Crude oil price provides some slight positive bias, attempting to step above the EMA50, supporting the continuation on our sideways trading expectations on the intraday basis, the lines of this sideways range are represented by 92.85 support and 96.65 resistance.
Thus, some positivity might be preferred now, to visit the mentioned resistance, while the sideways trading remains valid until managing to confirm surpassing one of this range’s lines.
Expected trading range for today is between: 92.00 support and 96.00 resistance.
Expected trend for today: Sideways