Crude oil price settles above 69.44 level, to keep the bullish trend scenario active for the rest of the day, supported by the EMA50 that keeps carrying the price from below, depending on the price stability above the mentioned level as a first condition, reminding you that our waited targets begin at 70.82 and extend to 72.53.
Expected trading range for today is between 68.06 support and 71.50 resistance.
Expected trend for today: Bullish