Crude oil price succeeded to achieve our main waited target at 109.15, and begins today with additional rise to breach this level and settle above it, opening the way to achieve more expected gains in the upcoming sessions, waiting to visit 111.25 followed by 113.70 levels as next main targets.
Therefore, the bullish trend scenario will remain active on the intraday basis, noting that breaking 109.15 will stop the expected rise and press on the price to decline.
The expected trading range for today is between 108.00 support and 113.00 resistance.
The expected trend for today: Bullish