Brent oil price succeeded to breach 65.40 level and closed the daily candlestick above it, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards 67.68 that represents our next main target.
Therefore, we will keep our bullish overview on the intraday and short term basis, conditioned by the price stability above 64.00 level, noting that the EMA50 provides good positive support to the price.
Expected trading range for today is between 64.00 support and 67.68 resistance.
Expected trend for today: Bullish
