Crude oil price continues to press on 60.86 level in attempt to break it, to keep the bearish trend dominant in the upcoming sessions, supported by the EMA50, waiting to confirm the break to open the way to target 57.33 level that represents our next main station, reminding you that it is important to hold below 62.20 to continue the expected decline.
The expected trading range for today is between 59.00 support and 62.20 resistance.
The expected trend for today: Bearish