Crude oil price didn’t show any strong move since morning, and continues to fluctuate around 71.60 level, and as long as the price is above 71.05, our bullish overview will remain valid for today, supported by moving above the EMA50, reminding you that our main waited targets begin at 73.30 and extend to 75.00.
The expected trading range for today is between 70.20 support and 73.30 resistance.
The expected trend for today: Bullish