Crude oil price shows calm negative trades now in attempt to resume the expected bearish trend for today, to continue suggesting the bearish trend that targets 38.50 followed by 36.10 levels as next main stations, noting that the EMA50 and stochastic support the expected decline, which will remain valid conditioned by the price stability below 40.50.
The expected trading range for today is between 38.50 support and 41.00 resistance.
The expected trend for today: Bearish