Oil is trading Under 118.35 that Gives a Negative view to reach its 1st target for today around 115.85 and if it breaks under 115.00 that will push the price to reach its 2nd target around 112.5
Only the break Over 119.20 would change this view and market direction to reach as high as 121.75 as its 1st target and if it breaks Higher than 122.60 that will open the door to reach its 2nd target around 125.00