Crude oil price fluctuates below 104.60 level, to keep the negative pressure valid for today, waiting to get negative motive that assist to push the price to rally towards our main expected target at 98.95, taking into consideration that holding below 104.60 represents key condition to continue the expected decline.
The expected trading range for today is between 100.00 support and 106.00 resistance.
The expected trend for today: Bearish