oil price shows some bearish bias to test the EMA50 which acts as a minor support like at 94.00, while we wait some positivity towards the sideways’ range resistance that controls the trading recently at 96.60
In general, our morning expectations remain valid without any change for the rest of the day.
Expected trading range for today is between: 93.00 support and 96.60 resistance.
Expected trend for today: Sideways