Crude oil price shows some bullish bias now, affected by stochastic positivity, and as long as the price is below 79.85, the correctional bearish scenario will remain valid for today, supported by the EMA50 that presses negatively on the price, reminding you that our next main target is located at 76.40.
The expected trading range for today is between 76.00 support and 79.00 resistance.
The expected trend for today: Bearish