Crude oil price shows some slight bearish bias now after approaching 62.65 level, as the price is affected by stochastic current negativity, and it might lean on 61.40 level before turning back to rise again.
In general, we will keep our bullish overview for the rest of the day unless breaking 61.40 level and holding below it, noting that breaching 62.65 level is required to open the way to head towards 64.20 as a next main target.
Expected trading range for today is between 61.40 support and 64.20 resistance.
Expected trend for today: Bullish