Crude oil price shows calm positive trades and crawls at the bullish channel’s support line that appears on the chart, and it needs to get strong positive motive to assist to push the price to achieve our positive targets that start at 41.04 and extend to 43.00.
In general, we will continue to suggest the bullish trend unless breaking 36.10 level and holding below it, as breaking this level will press on the price to turn to decline and start correctional bearish wave on the intraday basis before turning back to rise.
The expected trading range for today is between 36.10 support and 39.50 resistance.
The expected trend for today: Bullish