Crude oil price shows some bearish bias to approach the key support 40.50, which represents one of the next trend keys besides 41.90 resistance, waiting to breach one of these levels to exit the sideways range that appears on the chart followed by detecting the next targets clearly.
Note that the details of the expected targets after the breach are explained in our morning report.
The expected trading range for today is between 39.50 support and 42.50 resistance.
The expected trend for today: Neutral