Crude oil price resumes its negative trades strongly to approach our waited target at 113.70, and the way seems open to attack the mentioned level and extend the bearish wave on the intraday basis, noting that breaking it will press on the price to head towards 111.00 followed by 109.15 levels as next negative stations.
Therefore, our bearish overview will remain valid unless breaching 117.10 and holding above it.
The expected trading range for today is between 113.70 support and 118.00 resistance.
The expected trend for today: Bearish