Crude Oil Price Forecast: Positive Momentum Builds

Crude oil prices opened today with renewed positivity, initiating attempts to breach the $72.15 level. This movement reinforces expectations for the continuation of the bullish trend in the upcoming sessions, with initial targets set around the $73.70 area.

The positive outlook remains intact on an intraday basis; however, a break below $70.58 would invalidate this bullish trend and likely lead to a price decline.

For today, the anticipated trading range is between $71.00 support and $74.00 resistance, with the overall trend forecast indicating bullish momentum.

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