Crude oil price resumes its positive trading trajectory, reaffirming expectations for a bullish trend. The next anticipated milestone is for the price to test $83.56. Upon reaching this level, the price will enter the bullish channel, strengthening expectations for further upward movement.
Additional gains are expected with target areas extending to $85.00.
Key Support and Resistance Levels:
– Support: $81.20
– Resistance: $84.20
Trend Forecast: Bullish