Crude oil price continues to fluctuate at 79.85 level, and the EMA50 keeps pressing negatively on the price, to keep the bearish trend active for the rest of the day conditioned by the price stability below 81.70 and the most important below 82.30, reminding you that our next negative targets reaches 76.40.
The expected trading range for today is between 78.50 support and 81.40 resistance.
The expected trend for today: Bearish