Crude oil price achieved initial break to 104.60 level and attempts to hold below it, which supports the continuation of our bearish overview efficiently for the rest of the day, reminding you that our next targets begin at 101.50 and extend to 98.95, while the price needs to consolidate below 104.60 to achieve these targets.
The expected trading range for today is between 102.00 support and 107.50 resistance.
The expected trend for today: Bearish