Crude oil price provided clear positive trades this morning to breach 21.85 level and attempts to hold above it, which urges caution from the upcoming trading, as closing the daily candlestick above this level will lead the price to turn to rise and achieve additional gains that reach 24.30.
Until now, the bearish trend scenario will remain valid unless we witnessed daily close above 21.85, reminding you that our expected targets located at 20.00 followed by 19.00.
The expected trading range for today is between 19.00 support and 22.50 resistance.
The expected trend for today: Bearish