Crude oil price faces solid resistance at 69.25, to trade with clear negativity and head towards potential test to the key support 67.45, waiting to get positive motive that assist to push the price to breach the mentioned resistance and open the way to visit 71.05 as a next positive target.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 67.45 and holding below it.
The expected trading range for today is between 67.45 support and 70.50 resistance.
The expected trend for today: Bullish