Crude oil price fluctuates at the bullish channel’s support line, and stochastic continues to provide the positive signals, waiting to motivate the price to resume the expected bullish trend for the upcoming period, waiting to breach 79.40 level to ease the mission of rallying towards our next positive target at 81.75, reminding you that it is important to hold above 78.40 to continue the expected rise.
The expected trading range for today is between 77.80 support and 80.80 resistance.
The expected trend for today: Bullish