Crude oil price didn’t show any strong move since morning, to fluctuate around 72.00 level, and as long as the price is above 71.05, our bullish overview will remain valid and active for the upcoming period, supported by the EMA50, noting that the expected targets begin at 73.30 and extend to 75.00 after surpassing the previous level.
The expected trading range for today is between 71.05 support and 73.80 resistance.
The expected trend for today: Bullish