Midday update for Crude oil 23-04-2019

Crude oil price shows more of the bullish bias moves to surpass 66.00 level and attempts to settle above it, reinforcing our expectations for the continuation of the bullish trend for the rest of the day, targeting 67.00 level as a next station, pointing that surpassing this level will push the price towards 70.55 on the near term basis, while the price needs to settle above 64.90 and 64.35 levels to achieve the suggested targets.

The expected trading range for today is between 64.90 support and 67.50 resistance.

The expected trend for today: Bullish