Crude oil price retests 51.46 level now and still below it, to keep the bearish trend scenario active until now, waiting to resume the bearish trend that targets 49.10 level as a next main station, reminding you that breaching 51.46 will lead the price to continue rising and target 54.74 level as a next main station.
Expected trading range for today is between 49.10 support and 52.00 resistance.
Expected trend for today: Bearish