Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key resistance at 79.60$. As mentioned this morning, the price needs to hold below this level to keep the correctional bearish trend active. Breaching the resistance represents the key to start recovery attempts and achieve gains that reach 81.50$ initially. The EMA50 supports the suggested bearish wave. Our targets begin at 77.65$ and extend to 75.25$ after breaking the previous level. Expected Trading Range for Today: Support: 76.70$ Resistance: 79.70$ Trend Forecast: Bearish