Crude oil price fluctuates within sideways track since morning, and as long as the price it above 38.10, our bullish overview will remain valid and active for the upcoming period, supported by the EMA50 that keeps carrying the price from below, noting that we are waiting to visit 41.04 followed by 43.05 levels as next main stations.

The expected trading range for today is between 38.50 support and 42.00 resistance.

The expected trend for today: Bullish
Trend Analysis

Disclaimer