Crude Oil Price Analysis Expected Scenario Crude oil price provides new negative trades in an attempt to move away from the 79.60$ level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets 77.64$ as the next station. Breaking it represents the key to rally towards 75.24$ as the next target. In general, the bearish trend scenario will remain valid for today unless breaching 79.40$ and holding above it. Expected Trading Range Between 77.50$ support and 80.50$ resistance.

Trend Forecast: Bearish