Brent oil price rallied upwards yesterday to breach 62.92 level and settles above it, and the price completed forming double bottom pattern that its signs appear on the chart, which supports the chances of achieving more gains in the upcoming sessions, expecting to target 65.92 followed by 67.50 areas as next main stations.
Therefore, the bullish bias will remain suggested for today unless breaking 63.30 followed by 62.92 levels and holding below them.
The expected trading range for today is between 62.60 support and 65.90 resistance.
The expected trend for today: Bullish
Origin: Economies
