Crude oil price settles above the intraday bullish channel’s support line that appears on the chart, getting continuous positive support by the EMA50, to keep our bullish overview valid for today, which targets 65.60 as a next station, reminding you that it is important to hold above 61.60 to continue the expected rise.
The expected trading range for today is between 61.00 support and 64.00 resistance.
The expected trend for today: Bullish