Crude oil price tested 52.60 level and kept its stability above it, to keep the bullish trend scenario active in the upcoming sessions, supported by stochastic and the EMA50 positivity, waiting to head towards 57.46 that represents our next main target.
We should note that breaking 52.60 followed by 51.46 levels will stop the expected rise and push the price to resume the main bearish trend again.
Expected trading range for today is between 52.60 support and 55.50 resistance.
Expected trend for today: Bullish