Crude oil price shows positive trades now, and it might head to test 77.53$ again before turning back to decline.

 

Until now, we still suggest the continuation of the correctional bearish trend affected by the previously completed head and shoulders’ pattern, reminding you that our targets begin at 75.53$ and extend to 73.90$ after breaking the previous level.

 

The expected trading range for today is between 74.60$ support and 77.60$ resistance

 

Trend forecast: Bearish