Crude oil price showed an additional bullish tendency to move to near resistance zone 73.56 - 74.40 , which requires attention from upcoming trading, as stability above it will push the price to achieve additional gains, reaching 75.80 , 77.08 and 78.00
as for renewing bearish attempts , consolidation under 73.56 it will help the price to visit the bottom of channel and then push up again ,noting that breaking level 71.40 will open the way to targeting 70.47, 69.19 and 68.08
the expect trading range for today is between the support line 71.40 and resistance line 73.56
support line : 71.40 ,70.47 , 69.19 resistance line: 72.69 , 73.56 , 74.40
Please trade and risk management carefully during this week.