Crude oil price shows clear negative trading to press on 100.00$ barrier, reinforcing the expectations of continuing the bearish trend for the rest of the day, which next target located at 98.25, supported by the negative overlapping signal provided by stochastic, noting that the continuation of the bearish wave depends on the price stability below 103.63.
The expected trading range for today is between 98.00 support and 103.63 resistance.
The expected trend for today: Bearish