Price Analysis: Crude Oil Expected Scenario Crude oil price shows bullish bias to test minor resistance at 78.25$, noting that breaching this level will push the price to achieve intraday gains and turn to rise for the rest of the day, to target testing 79.60$ areas before turning to decline again. The price needs to break 77.64$ to reinforce the expectations of continuing the domination of the bearish trend that its next targets reach 76.45$ followed by 75.25$. Expected Trading Range Between 76.00$ support and 79.00$ resistance.
Trend Forecast: Bearish