Crude oil price tested 34.60 and rebound bearishly from there, to keep the bearish trend scenario valid and active for today, which targets 28.80 level mainly, noting that breaching 34.60 and holding above it will stop the expected decline and leads the price to rally towards achieving positive targets that start at 36.00.
The expected trading range for today is between 31.50 support and 35.00 resistance.
The expected trend for today: Bearish