Crude oil price continues to press on the bearish pennant’s support line, waiting for confirmed break to rally towards achieving more negative targets that reach 75.00 followed by 73.00, to keep our bearish overview for today unless the price rallied to breach 79.35 and hold above them.
The expected trading range for today is between 74.80 support and 78.60 resistance.
The expected trend for today: Bearish