Crude Oil Price Analysis Expected Scenario Crude oil price fluctuates around 79.60$ level and still below it until now, to keep the bearish trend scenario valid for today, and the price needs to break 79.00$ to confirm rallying towards 77.64$ as a next main target. On the other hand, we should note that confirming breaching 79.60$ will push the price to recover and target 81.50$ areas on the near-term basis. Expected Trading Range Between 77.70$ support and 80.60$ resistance.

Trend Forecast: Bearish