Brent oil price attempted to break 64.00 level yesterday, starting today with bearish bias in attempt to confirm breaking the mentioned level, which supports the continuation of our bearish overview efficiently in the upcoming period, reminding you that our next target reaches 61.71.
Therefore, the bearish trend scenario will remain suggested for today unless breaching 65.40 followed by 66.54 levels and holding above them.
Expected trading range for today is between 62.00 support and 65.40 resistance.
Expected trend for today: Bearish
Origin: Economies
