Crude oil is trading with a bearish bias today, with 58.8 acting as the key pivot level.
If the downward movement continues, the price is expected to decline toward 58.15 followed by 57.70.
Alternatively, if the trend reverses upward, the price may rise toward 59.41 and then 60.50.
Comment: Trading below 58.8 increases the likelihood of a move toward 58.15.
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