Crude Oil Price Analysis Key Points: Crude oil price is currently testing the key resistance at $83.90, warranting caution in upcoming trading activities. Remaining below this level is crucial for the continuation of the correctional bearish scenario, with main targets around $81.50. A breach of the mentioned resistance would initiate a new bullish wave, targeting gains starting from $86.25. Expected Trading Range: The anticipated trading range for today is between $81.70 (support) and $84.60 (resistance).
Trend Forecast: Bearish