Crude oil price shows more bearish bias to move away from 51.80, to keep the bearish trend scenario valid efficiently for today, supported by the negative signal provided by stochastic, reminding you that our next main target is located at 48.30, while achieving it requires holding below 51.80.
The expected trading range for today is between 49.50 support and 52.50 resistance.
The expected trend for today: Bearish