Crude extended beyond the 75.15 area temporarily, and as seen on the secondary image, this incline was a retest to the previously breached support for the minor channel preserving our expectations for intraday bearishness intact. We expect some volatility due to the positivity on momentum indicators before heading towards the targets set in our morning report. 
The trading range for today is among the major support at 72.35 and the major resistance at 76.65.The general trend is to the downside as far as 84.00 remains intact with targets at 61.60.
By: Yasir Mubarak
Senior Technical Analyst
[email protected]
www.ecpulse.com