Brent oil price bounced bearishly yesterday after touching our first expected target at 64.35, to test the key support 62.92, as it keeps its stability above it until now, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the bullish bias in the upcoming sessions, which its positive targets extend to reach 65.92.
Therefore, we will keep our bullish overview for today unless breaking 62.92 and holding with a daily close below it.
The expected trading range for today is between 62.00 support and 65.00 resistance.
The expected trend for today: Bullish
Origin: Economies
