Crude Oil Price Analysis
Expected Scenario
Crude oil price shows sideways trades since morning.
Settling near the 87.00$ level, waiting to gather positive momentum to resume the main bullish trend.
Targeting 89.40$ areas as a next main station.
Expected Outcome
The EMA50 continues to support the expected bullish wave.
Holding above 86.00$ is important as a first condition for the continuation of the expected rise.
Expected Trading Range
Between 86.00$ support and 89.00$ resistance.
Trend Forecast: Bullish