Brent oil price returned to decline and test the support line that appears on the chart, as it fluctuates around the support line that appears on the chart and attempts to consolidate above it, noticing that stochastic got rid of its negative momentum to reach the oversold areas.
Therefore, these factors encourage us to suggest the bullish bias for the upcoming sessions, which targets 43.00 followed by 43.84 levels as next positive stations, noting that breaking 42.17 followed by 42.00 levels will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 41.00 support and 43.84 resistance.
The expected trend for today: Bullish
Origin: Economies
