Brent oil price continues to move within tight track, hovering around the key resistance 43.38 now, which represents one of the next trend keys besides 42.25 support, and we still waiting to breach one of these levels, to continue with our neutrality until now.
Note that breaching the resistance will allow the price to resume the main bullish trend that its next target located at 45.00, while breaking the support will put the price under negative pressure that targets 40.00 and extend to 37.86 before any new attempt to rise.
The expected trading range for today is between 42.00 support and 44.70 resistance.
The expected trend for today: Neutral
Origin: Economies
