Crude oil price finds difficulty to breach 57.46 to show some slight bearish bias now, affected by stochastic negativity, and as long as the price is above 56.25, our bullish overview will remain active for today, supported by the EMA50, reminding you that our next main target extends to reach 65.00.
The expected trading range for today is between 56.25 support and 60.00 resistance.
The expected trend for today: Bullish