Crude oil price is affected by stochastic negativity, to show some slight bearish bias, attempting to return to the bullish channel now, to keep the bullish trend scenario valid and active for today, depending on the price stability above 69.75, reminding you that we are waiting to visit 72.20 as a next main target.
The expected trading range for today is between 69.40 support and 72.20 resistance.
The expected trend for today: Bullish