Crude oil price provided more bullish bias to reach our first waited target at 43.05, and it confirmed the return to the intraday bullish channel that appears on the chart, while the EMA50 continues to support the price from below.
Therefore, these factors support the chances of surpassing the above mentioned level to extend the bullish wave towards 45.00 as a next station, reminding you that the continuation of the bullish wave requires holding above 41.05.
The expected trading range for today is between 41.05 support and 44.50 resistance.
The expected trend for today: Bullish