Crude oil price settles above the EMA50, and stochastic continues to get rid of its negative momentum, thus, the bullish trend scenario will remain valid for today unless breaking 62.40 level and holding below it, reminding you that our targets begin by breaching 64.00 to open the way to head towards 65.00 as a next station.
The expected trading range for today is between 62.00 support and 65.00 resistance.
The expected trend for today: Bullish