Brent oil price shows slight bullish bias to move away gradually from the EMA50, on its way to visit 65.92 level that represents our next main positive target, as the bullish trend scenario will remain valid and active in the upcoming sessions, depending on the price stability above 62.92 level.
The bullish channel organizes the suggested bullish wave, noting that breaching the targeted level will extend Brent oil price gains to reach 67.70 as a next station.
The expected trading range for today is between 63.50 support and 66.40 resistance.
The expected trend for today: Bullish
Origin: Economies
