Brent oil price bounced downwards clearly after approaching the key resistance 62.92, to keep the bearish trend scenario valid and active in the upcoming sessions, and the targets begin by testing 59.93, reminding you that breaking this level will push the price to 58.00 as a next station.
Therefore, we are waiting for more decline today conditioned by the price stability below 62.92.
The expected trading range for today is between 59.00 support and 62.00 resistance.
The expected trend for today: Bearish
Origin: Economies
