Crude oil price hovers around 46.21 level and still above it, and the price moves inside the intraday bullish channel that appears on the chart, waiting to resume the bullish trend that its next maint target located at 48.00, reminding you that holding above 45.25 is important to achieve the waited targets.
The expected trading range for today is between 45.25 support and 48.00 resistance.
The expected trend for today: Bullish