Brent oil price faced negative pressure in the previous sessions to test the key support 65.40, and begins to rebound bullishly from there, thus, the bullish trend scenario will remain active on the intraday and short term basis, supported by the EMA50 that continues to carry the price from below, reminding you that our next main target extends to 68.95, while achieving it requires holding above 65.40.
The expected trading range for today is between 65.40 support and 68.00 resistance.
The expected trend for today: Bullish
Origin: Economies
