Brent oil price provided clear positive trades yesterday to surpass the EMA50 and settles above it now, reinforcing the expectations of continuing the bullish trend in the upcoming period, which targets visiting 64.35 followed by 65.92 levels as next main stations.
Therefore, we are waiting for more rise today conditioned by the price stability above 62.92.
The expected trading range for today is between 62.70 support and 65.92 resistance.
The expected trend for today: Bullish
Origin: Economies