Crude oil price managed to break the bearish triangular flag’s support strongly, to get a negative motive that supports the expectations to achieve our negative targets that begin at 89.57 and extends to 87.00 levels after breaking the previous level, keeping the bearish trend scenario efficiently for the rest of the day, reminding you that holding below 95.30 level to achieve the suggested targets.
The expected trading range for today is between 90.00 support and 96.50 resistance.
The expected trend for today: Bearish