Downtrend Side: Oil price trades remain stable below the $68.64 level, keeping the bearish scenario active and in effect. We await negative momentum to help drive the price toward our next target of $66.96, followed by $65.47.
Uptrend Side: Oil price trades remain stable below the $68.64 level, keeping the bearish scenario active and in effect. We await a negative momentum to help drive the price toward our next target of $70.50, followed by $65.50.