Crude oil price shows additional negative trades to break 62.20 and attempts to hold below it, which urges caution from the upcoming trading, as holding below this level will force the price to continue the decline and head towards 59.85 as a next negative station, while the price needs to step above 62.20 to revive the positive scenario that its next main target located at 67.95.
The expected trading range for today is between 61.00 support and 64.00 resistance.
The expected trend for today: Bullish