Brent oil price resumes its positive trading to gradually approach our main waited target at 63.95, and the price organized inside a bullish channel that supports the chances of breaching the mentioned level and open the way to head towards 66.50 as a next main station.
Therefore, the bullish trend will remain suggested in the upcoming sessions supported by the EMA50, noting that breaking 61.00 will stop the expected rise and push the price to turn to decline.
Expected trading range for today is between 62.00 support and 65.00 resistance.
Expected trend for today: Bullish
Origin: Economies
