Crude oil price shows negative trades to head towards potential test to the sideways range’s support areas that appears on the chart, to continue suggesting the sideways move between 39.34 support and 40.58 resistance until the price manages to breach one of the mentioned levels followed by detecting its next destination clearly.
To review the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 39.00 support and 41.70 resistance.
The expected trend for today: Sideways