Crude Oil Price Analysis Expected Scenario Crude oil price is facing negative pressure to break 86.05$ level and settles below it, to head towards achieving expected decline in the upcoming sessions, targeting testing 84.55$ initially, noting that breaking it will push the price towards 83.45$ as a next negative station. Therefore, we expect to witness more decline for the rest of the day unless the price managed to breach 86.05$ and hold above it again. Expected Trading Range Between 84.55$ support and 87.00$ resistance.

Trend Forecast: Bearish for the rest of the day