Trend Forecast for Crude Oil Price Expected Scenario upon Breaching 85.40$ Level Crude oil price shows weak trades since morning, settling around 85.00$ barrier. Waiting to breach 85.40$ to reinforce the expectations of continuing the bullish trend in the upcoming sessions. The next targets are located at 87.6$ followed by 89.30$. Expected Scenario in Case of Breaking 83.60$ The positive scenario will remain valid unless breaking 83.60$ and holding below it. Expected trading range for today: Between 83.60$ support and 86.70$ resistance
Trend forecast: Bullish