Crude Oil Price Analysis Expected Scenario Crude oil price couldnt manage to hold for a long time above the 83.90$ level. It trades with strong negativity and loses the morning gains as it breaks the mentioned level. This leads to falling under expected negative pressure for the rest of the day, targeting testing 81.50$ initially. Noting that breaking this level will extend the bearish wave to reach 79.60$ as the next negative station. Therefore, the bearish bias will be suggested for the upcoming sessions unless the price rallies to breach 83.90$ and holds with a daily close above it. Expected Trading Range Between 81.50$ support and 84.00$ resistance.

Trend Forecast: Bearish