Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear positivity to approach testing the bearish pennants resistance line, and as we mentioned this morning, the price needs to surpass 78.95$ to confirm resuming the bullish wave that targets 79.55$ and extend to 81.50$ after surpassing the previous level. Therefore, the bullish trend scenario will remain valid and active for today unless breaking 77.64$ and holding below it. Expected Trading Range Between 77.00$ support and 80.00$ resistance.

Trend Forecast: Bullish