Oil against the US Dollar is showing positive performance during today’s trading session, moving in an upward trend supported by stability above the key pivot level at 64.00.

This level represents a major turning point for price movement, as holding above it strengthens the chances of further gains in the near term. If the bullish momentum continues, the price is expected to reach 65.00 as a first target, followed by 66.00 as the next resistance level.

On the other hand, if the price fails to remain above 64.00 and reverses direction, a decline toward 62.00 may occur, followed by 61.00 as the next support level, indicating a temporary weakness in the upward trend.

Overall, the bullish outlook remains valid as long as prices stay above the 64.00 pivot level, with expectations of continued upward movement during today’s session.