Crude oil price tested the key support base 109.15 and kept its stability above it, to keep the bullish trend scenario valid and active for the upcoming period, supported by stochastic gain to the positive momentum gradually, besides the EMA50, reminding you that our next target is located at 113.70.
Note that breaking 109.15 will stop the positive scenario and press on the price to turn to decline.
The expected trading range for today is between 109.00 support and 114.00 resistance.
The expected trend for today: Bullish