Brent oil price tested 44.40 level and keeps its stability above it until now, which keeps the bullish trend scenario valid and active for today, supported by stochastic and the EMA50 positivity, waiting to visit 47.60 as a next main station.
On the other hand, we should note that breaking 44.40 and holding below it will press on the price to start correctional bearish wave on the intraday basis.
The expected trading range for today is between 43.50 support and 46.50 resistance.
The expected trend for today: Bullish
Origin: Economies
