Crude oil price shows sideways trading since morning, and the EMA50 continues to provide the positive support to the price, and as long as the price is above 40.05, our main bullish overview will remain valid, supported by stochastic reach to the oversold areas, reminding you that our main waited targets begin at 43.75 and extend to 44.80.
The expected trading range for today is between 40.05 support and 43.50 resistance.
The expected trend for today: Bullish