Crude oil price achieved strong gains yesterday and breached 60.92 level to close the daily candlestick above it, which hints the price head to continue rising on the intraday and short term basis, on its way to visit 64.00 followed by 64.58 levels as next positive targets.
Therefore, the bullish trend will be suggested in the upcoming sessions unless we witnessed new break to 60.92 level and holding with a daily close below it.
The expected trading range for today is between 60.50 support and 64.00 resistance.
The expected trend for today: Bullish