Crude oil price hovers around 106.00 level, affected by stochastic nagtivity to show some bearish bias, but as long as the price is above 104.60, the bullish trend scenario will remain valid for today, reminding you that we are waiting to visit 109.15 level as a next main target.
The expected trading range for today is between 104.60 support and 110.00 resistance.
The expected trend for today: Bullish