Crude Oil Price Analysis
Expected Scenario
Crude oil price provides new positive trades to attempt to surpass 87.00$ barrier, to support the continuation of the expected bullish trend on the intraday and short-term basis, reminding you that we are waiting to visit 88.25$ followed by 89.40$ levels as next main stations.
Holding above 85.50$ is important to the continuation of the suggested rise, as breaking it will put the price under negative pressure that its next main target reaches 83.05$ before any new positive attempt.
Expected Trading Range
Between 85.50$ support and 88.60$ resistance.
Trend Forecast: Bullish