Crude oil price shows some bullish bias to test 56.00 barrier, and as long as the price is below 57.46, our bearish overview will remain valid for today, as breaching this level will lead the price to start recovery attempts that regain the main bullish trend again, while our next main target is located at 51.46.
Expected trading range for today is between 53.40 support and 56.50 resistance.
Expected trend for today: Bearish