Crude oil price faces negative pressure to break 89.05 level and attempts to hold below it, which urges caution from the upcoming trading, as continuing the decline and breaking 87.75 will put the price under more negative pressure to head towards suffering additional losses that reach 86.36 followed by 85.00, while stepping above it again will reactivate the positive scenario that its next target located at 94.50.
The expected trading range for today is between 87.00 support and 91.00 resistance.
The expected trend for today: Neutral