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Crude oil prices are currently trading higher, moving away from the 68.64$ support level, reinforcing expectations for the continuation of the bullish trend in the coming sessions. The next target is 70.58$, and a breach of this level could pave the way for a rally toward the 72.15$ mark.
Bullish Outlook Remains Intact
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The bullish trend is expected to persist unless crude oil prices break below the 68.64$ level and maintain trading beneath it.
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Today’s Trading Range
Support Level: 68.00$
Resistance Level: 71.00$
Trend Forecast: Bullish
With a focus on maintaining levels above 68.64$, the outlook remains bullish, with targets at 70.58$ and 72.15$ as the next key milestones.
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