Crude oil price trades within sideways and tight range since morning, while we are waiting for the resumption of the bullish trend which is supported by Stochastic positivity on the four hours time frame besides EMA50.
We remind you that holding above 105.75 is important for the continuation of these positive expectations.
Expected trading range for today is between 106.00 support and 110.00 resistance.
Expected trend for today: Bullish