The narrow range continued to control the price moves since yesterday, which remains stable above 87.00, while the weak trading volume still dominating the price.
In general, we remain neutral, until getting more accurate signals for the short term basis, and we recommend to review this report that interprets the technical factors which effect the price move on the longer term.
Deeper technical look at the Crude Oil price
Expected trading range for today is between: 84.00 support and 90.00 resistance.
Expected trend for today: Neutral