Crude oil price did not show any strong move since morning, to fluctuate around the EMA50, and as long as the price is above 41.05, our bullish overview will remain valid for today, supported by stochastic positivity, reminding you that we are waiting to breach 43.05 to confirm rallying towards 45.00 as a next main station.
The expected trading range for today is between 40.50 support and 43.50 resistance.
The expected trend for today: Bullish