Crude oil price confirmed breaking 68.06 level after closing the daily candlestick below it, which activates the bearish trend scenario on the intraday and short term basis, to start the negative targets at 66.00 and extend to reach 63.60 after breaking the previous level.
Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 68.06 level and holding above it again.
Expected trading range for today is between 66.00 support and 69.00 resistance.
Expected trend for today: Bearish