Crude oil price faces solid resistance at 69.25, to rebound bearishly and fluctuates around 68.50 level now, and as long as the price is above 67.45, our bullish overview will remain valid for today, supported by the EMA50, reminding you that our next main target is located at 71.05.
The expected trading range for today is between 67.70 support and 71.00 resistance.
The expected trend for today: Bullish