Crude Oil Price Analysis Expected Scenario The Crude oil price demonstrates a bullish bias, nearing the key resistance level at 79.60$. This level forms part of a sideways range alongside the 77.64$ support, indicating a prevailing sideways bias in intraday trades. The next clear direction will be determined upon the price surpassing one of these levels. A breach of the resistance could lead to additional gains, targeting 81.50$ as the next positive station. Conversely, breaking the support may result in new losses, targeting 75.25$ in the near term. Expected Trading Range Between 77.40$ support and 80.70$ resistance.

Trend Forecast: Sideways