Crude oil price settles around 116.50, and it didn’t show any strong move since morning, to keep the bearish trend scenario valid until now, depending on the price stability below 117.10, reminding you that our next negative targets start at 115.70 and extend to 113.70.
The expected trading range for today is between 114.00 support and 118.50 resistance.
The expected trend for today: Bearish