Midday update for Crude oil 17-04-2018

Crude oil price returns to push the critical support at 66.30 now, which requires being aware from the upcoming trading, where confirming breaking it will stop the expected rise and pushes the price to target 65.43 level initially.

Until now, we keep preferring the bullish trend conditioned by holding above 66.30, pointing that our main targets begin at 67.90 and extend to 70.00 after breaching the previous level.

Expected trading range for today is between 65.45 support and 69.00 resistance.

Expected trend for today: Bullish