Crude Oil Price Analysis Expected Scenario Crude oil price shows some bullish bias to test the key resistance at $77.64, affected by the RSI positivity, and as long as the price is below this level, our bearish overview will remain valid for today. Breaching this level followed by breaching $78.25 will push the price to build a bullish wave on the intraday basis, while the next main targets of the suggested bearish wave are located at $76.45 followed by $75.25. Expected Trading Range The expected trading range for today is between $75.70 support and $78.70 resistance.

Trend Forecast: Bearish