Crude oil price trades negatively now to approach testing 52.30 level, and the price needs to hold above this level to keep the bullish trend active for today, as breaking it will push the price to achieve more intraday bearish correction, while we are waiting to activate the positive signals provided by stochastic to motivate the price to resume the positive scenario that its next main targets located at 54.62 followed by 56.00.
The expected trading range for today is between 52.00 support and 54.60 resistance.
The expected trend for today: Bullish