Crude oil price resumes its positive trading after leaning on 54.40 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, and we believe that the way is open to head towards our first main target at 57.46, supported by the EMA50 that keeps carrying the price from below, reminding you that holding above 53.65 represents key condition to continue the expected rise.
The expected trading range for today is between 53.65 support and 57.00 resistance.
The expected trend for today: Bullish