Brent oil price provided negative trades on last Friday and approached 62.92 level, but it returns to fluctuate near 64.00 barrier, and as long as the price is below 64.30, our bearish overview will remain active, supported by stochastic approach from the overbought areas, reminding you that breaking 62.92 is required to confirm extending the bearish ave towards 59.93.
The expected trading range for today is between 62.00 support and 65.00 resistance.
The expected trend for today: Bearish
Origin: Economies
