Crude oil price begins to rebound bullishly after testing 69.44 level this morning, to keep the bullish trend scenario valid for the rest of the day, supported by the oversold signals that appear through stochastic, waiting to target 70.82 followed by 72.53 levels as next main stations, reminding you that it is important to hold above 69.44 to achieve the suggested targets.
Expected trading range for today is between 68.50 support and 71.50 resistance.
Expected trend for today: Bullish