Crude oil price returns to provide slight positive trades, but as long as the price is below 53.75, our bearish overview will remain valid for today, depending on the prvious break to the main bullish channel’s support line, noting that our waited targets begin at 51.70 and extend to 49.70.
The expected trading range for today is between 51.00 support and 53.75 resistance.
The expected trend for today: Bearish