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Crude oil prices have found solid support at $68.64, leading to some positive movement. This sets the stage for a potential bullish wave in the short-term, with a target of reaching $70.58.
As a result, the market sentiment is expected to remain bullish for today. If oil prices break above the $70.58 level, gains could extend toward $72.14 in the near future. However, if prices fall below $68.64, the anticipated upward movement will be halted, and a decline could follow.
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The expected trading range for today is between $68.00 (support) and $71.00 (resistance).
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