Crude oil price provided new negative trades this morning but it returns to fluctuate around 93.50, noting that stochastic approaches to overlap negatively, waiting to assist to push the price to achieve additional decline and head towards 89.57 followed by 87.15 as next main stations, to keep the bearish trend scenario valid and active for today conditioned by the price stability below 94.50.
The expected trading range for today is between 90.00 support and 95.50 resistance.
The expected trend for today: Bearish