Crude oil price tests the bullish channel’s support line that appears on the chart, and the price still confined between the key levels represented by 55.60 support and 57.46 resistance, which keeps our neutrality valid until now, waiting to breach one of the mentioned levels to detect the next destination clearly.
To review the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 54.50 support and 57.46 resistance.
The expected trend for today: Depends on the above mentioned levels