Crude oil price trades with clear positivity to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and we believe that the way is open to head towards our main waited target at 73.30, noting that holding above 70.70 is important to achieve the suggested targets.
The expected trading range for today is between 69.70 support and 72.70 resistance.
The expected trend for today: Bullish