Crude Oil Price Analysis Expected Scenario Crude oil price managed to touch the 81.50$ level and encountered solid resistance, showing slight bearish bias by moving below the 81.00$ barrier. Waiting for a positive motive that could assist in pushing the price to resume the bullish wave within the bullish channel visible on the chart, aiming to achieve additional gains up to 82.25$ followed by 83.90$. Breaking below 80.50$ will halt the expected rise and may push the price to test the key support at 79.55$ before any new positive attempt. Expected Trading Range Between 79.70$ support and 82.60$ resistance

Trend Forecast: Bullish