Crude Oil Price Analysis Expected Scenario Crude oil price provides additional negative trades now, pressing on the 79.00$ barrier. This supports the continuation of the expected bearish trend on the intraday basis, with the first target at 77.64$. Breaking it represents the key to rally towards 75.25$. The continuation of the bearish wave depends on the price stability below 79.60$, as breaching it will lead to new gains targeting 81.50$ areas initially. Expected Trading Range Between the support at 77.30$ and the resistance at 80.40$.

Trend Forecast: Bearish