Crude oil price provides positive trades affected by stochastic positivity, but as long as the price is below 57.40, the negative pressure will remain valid for today, supported by the EMA50, waiting to test 54.60 as a first station, reminding you that breaking this level will push the price to 51.80 on the near term basis.
The expected trading range for today is between 54.00 support and 57.40 resistance.
The expected trend for today: Bearish