Crude oil price shows new rise now, and the way is open to achieve our first waited target at 72.20, reminding you that surpassing this level will extend the bullish wave to reach 74.00 as a next positive target, as the price trades inside a bullish channel that reinforces the chances of achieving the waited targets, while holding above 70.55 represents key condition to achieve these targets.
The expected trading range for today is between 70.00 support and 73.00 resistance.
The expected trend for today: Bullish