Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading to reach our waited target at 81.50$. We suggest surpassing this level to achieve additional bearish correction that reaches 79.60$, to keep the bearish trend dominant for the rest of the day. Expected Outcome The EMA50 supports the continuation of the suggested bearish wave, which will remain valid unless breaching 83.9$ and holding above it.

Expected Trading Range Between the 81.00$ support and the 84.00$ resistance.

Trend Forecast: Bearish