Brent oil price opens today’s trading with bullish bias to approach 62.00$ barrier, reinforcing the expectations of continuing the bullish trend in the upcoming period, which gets continuous support by the EMA50, waiting to test 63.95 level that represents our next main station.
Holding above 58.90 is important to continue the expected rise, as breaking it will put the price under negative pressure that its main targets begin by testing 56.91.
Expected trading range for today is between 60.00 support and 63.95 resistance.
Expected trend for today: Bullish
Origin: Economies
