Brent oil price traded with strong negativity yesterday to attack 74.00 level and presses negatively on it, as the price moves below it now, which hints the price head to return to the correctional bearish track again, targeting visiting 72.00 level initially.
Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 74.75 level and holding above it.
Expected trading range for today is between 72.00 support and 75.00 resistance.
Expected trend for today: Bearish
Origin: Economies
