WTI tests support

Crude oil price continued to decline yesterday to reach the key support 67.45, noticing that the price begins today with clear positivity, which hints that the price is on its way to achieve intraday gains that start by testing 69.25 level, noting that breaching this level will extend oil price gains to reach 71.05.

Therefore, the bullish bias will be suggested for today unless breaking 67.45 and holding below it.

The expected trading range for today is between 67.45 support and 70.00 resistance.


The expected trend for today: Bullish