Crude Oil Price Analysis
- Crude oil price shows sideways trades and tests the 82.00$ barrier, waiting to gather positive momentum that assists in pushing the price to resume the expected bullish trend for today. The targets for this trend begin at 83.56$ and extend to 85.00$ after surpassing the previous level.
- The EMA50 keeps supporting the suggested bullish wave, reminding you that it is important to hold above 81.95$ as a first condition for the continuation of the expected rise.
The expected trading range for today is between 81.20$ support and 84.20$ resistance.
Trend forecast: Bullish