Crude oil price Succeeded to keep the stability above yesterday’s mentioned retest level, bouncing higher and resumes the preferred bullish trend on the intraday and short term basis, which gets good support from the EMA50 and Stochastic.
We remind you that our waited targets begin at 109.00 and extend towards 110.00
Expected trading range for today is between 106.00 support and 109.00 resistance.
Expected trend for today: Bullish