Crude oil price shows calm positive trades to crawl gradually towards the first waited target at 76.64, expecting to breach this level to open the way to head towards 79.00 as a next main station, noting that the EMA50 continues to protect the bullish wave inside the bullish channel that appears on the chart, which will remain valid conditioned by the price stability above 74.65.
The expected trading range for today is between 74.50 support and 77.00 resistance.
The expected trend for today: Bullish