Crude oil provided clear negative trading yesterday and approached the 58.00 barrier, but rebounded bullish and hovered around 59.85, maintaining stability below that level, accompanied by a clear stochastic loss towards positive momentum and reaching overbought zones. waiting for the price to resume its activity. the expected bearish trend for the coming period, its next targets are at 57.25, followed by 54.85.
The EMA50 continues to support the expected negative scenario, noting that it is important to hold below the 59.85 and 60.60 levels in order to achieve the proposed targets.
The expected trading range for today is between 57.80 support and 60.60 resistance.
Expected trend for today: bearish.