Crude Oil Price Analysis Expected Scenario Crude oil price keeps declining to reach the key support 77.64$, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend scenario active for today, as breaking it will put the price under negative pressure that targets 76.70$ followed by 75.25$ levels as next main stations. The price needs to get a positive motive that assists to rally towards our first expected target at 79.55$. Expected Trading Range Between 77.00$ support and 80.00$ resistance.

Trend Forecast: Bullish