Crude oil price resumes its negative trading after the temporary rise that it witnessed this morning, to start pressing on 59.85 level, which support the continuation of our bearish overview, reinforced by stochastic and the EMA50 negativity, reminding you that our waited target is located at 57.35, noting that it is important to confirm breaking 59.85 to continue the expected decline.
The expected trading range for today is between 58.30 support and 61.30 resistance.
The expected trend for today: Bearish