Brent oil price made new test to 62.92 level and kept its stability above it, to start today with bullish bias in attempt to resume the expected bullish trend for the upcoming period, and the price needs to breach 63.80 level to open the way to head towards our next main waited target at 65.92.
Therefore, the bullish trend will remain dominant for today unless breaking 62.92 level 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
