Crude oil price resumes the bullish track after leaning on the intraday bullish channel’s support line, supported by stochastic positivity that appears on the four hours’ time frame, waiting for more rise to visit 75.55 that represents our next main target, reminding you that the continuation of the bullish wave requires holding above 72.50.
The expected trading range for today is between 72.00 support and 75.00 resistance.
The expected trend for today: Bullish