Crude oil price shows slight negative trades now, and it might test 51.61 support affected by stochastic and the EMA50 negativity, but until now, the sideways bias still suggested on the intraday basis until the price confirms breaking the mentioned support or breaching 54.47 resistance followed by detecting its next targets clearly.
To review the expected targets after the breach, please check our morning issued report.
The expected trading range for today is between 51.00 support and 54.00 resistance.
The expected trend for today: Sideways