Crude oil price shows negative trades now to approach 61.00 level, affected by stochastic negativity, and as long as the price is above 59.75, our bullish overview will remain valid for today, supported by the EMA50 that protects trading inside the bullish channel that appears on the chart, reminding you that our next target reaches 63.35.
The expected trading range for today is between 60.50 support and 63.35 resistance.
The expected trend for today: Bullish