The price of oil appears to be trading slightly positive intraday intraday channel that appears in the image. Therefore, the bullish scenario will remain effective for the rest of the day. The targets start at 46.45 and extend to 48.37.
Stability above 44.10 and 43.60 is an important condition for the continuation of the suggested bullish trend, as breaking these levels will press the price to return to the short term bearish trend.
The trading range for today is expected among the support at 44.10 and the resistance at 47.00
The general trend for today is bullish