Crude oil price found good support at the morning mentioned neckline for the head and shoulders pattern at 104.10, providing some positive trading now heading towards the key resistance at 105.85
And until now, we still waiting for confirming the next trend by surpassing one of the above mentioned levels, and to recognize the targets of the mentioned negative targets, please take a look at our morning issued report.
Expected trading range for today is between 103.00 support and 106.90 resistance.
Expected trend for today: Depends on the above mentioned levels