Crude oil price didn’t show any strong move since morning, to keep flcutauting near the EMA50, therefore, there is no change on the bearish trend scenario that depends on the stability below 54.60 level, while we wait for resuming the decline to visit 51.80 level that represents our initial main target.
The expected trading range for today is between 51.80 support and 54.60 resistance.
The expected trend for today: Bearish