Crude oil price did not show any strong move since morning, to continue fluctuating near 72.00 barrier, while stochastic reaches the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which depends on holding above 71.38 level, while our main targets located at 73.20 followed by 74.00.
Expected trading range for today is between 71.00 support and 74.00 resistance.
Expected trend for today: Bullish