Crude Oil Price Analysis Expected Scenario Crude oil price shows sideways trades since morning. Settling near the 87.00$ level, waiting to gather positive momentum to resume the main bullish trend. Targeting 89.40$ areas as a next main station. Expected Outcome The EMA50 continues to support the expected bullish wave.
Holding above 86.00$ is important as a first condition for the continuation of the expected rise.
Expected Trading Range Between 86.00$ support and 89.00$ resistance.
Trend Forecast: Bullish