Technical Analysis: Midday update for Crude oil on July 26th

July 26th, Crude oil price provides new positive trades in attempt to move away from 78.90 level, but it is affected by stochastic negativity to fluctuate near it again, and as long as the price is above this level, our bullish overview will remain valid and active for today, reminding you that we are waiting to visit 80.00 followed by 82.00 levels as next main stations.

The expected trading range for today is between 78.00 support and 81.10 resistance.

The expected trend for today: Bullish