Crude oil price shows some slight bearish bias to head towards potential test to the EMA50, which provides the positive support to the price, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 73.30, noting that our next main target is located at 76.95.
The expected trading range for today is between 73.50 support and 76.50 resistance.
The expected trend for today: Bullish