Crude oil price continues to decline since morning, to move below 59.22$ barrier now, keeping the bearish trend scenario active for today, supported by stochastic lose to the positive momentum clearly, waiting for visiting 57.42 level as an initial mian target, reminding you that holding below 60.92 level is important for the continuation of the expected decline.
The expected trading range for today is between 57.40 support and 60.90 resistance.
The expected trend for today: Bearish