Brent oil price traded with clear positivity yesterday to breach 60.50 level and settles above it, as it leaned well on the EMA50, which leads the price to turn to rise again, targeting visiting 63.95 level as a first station.
Therefore, the bullish trend will be expected for the upcoming sessions unless breaking 58.90 level and holding below it.
Expected trading range for today is between 59.50 support and 63.00 resistance.
Expected trend for today: Bullish
Origin: Economies
