Crude Oil Price Forecast Crude oil price succeeded to achieve our first waited target at 85.00$, and trades with additional positivity to surpass this level and confirm the continuation of the bullish wave on the intraday and short-term basis, on its way to achieve new gains that reach 86.75$.

Therefore, the bullish trend scenario will remain valid and active for the upcoming period unless breaking 83.56$ and holding with a daily close below it. The expected trading range for today is between 84.00$ support and 86.50$ resistance

Trend Forecast Bullish