Crude oil price attempts to breach the ascending triangle’s resistance that appears on the chart at 73.30, which supports the continuation of our bullish overview efficiently for the rest of the day, which targets 74.00 followed by 75.55 levels as main stations, noting that the EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 72.50.
The expected trading range for today is between 72.00 support and 75.00 resistance.
The expected trend for today: Bullish