Brent oil price provided positive trades yesterday but it stopped near 45.00 barrier, to trade negatively and test 44.00 level, noticing that the price begins to provide some bullish bias now, hinting the attempt to resume the main bullish trend, waiting to test 45.25 level initially.
Therefore, we will continue to suggest the main bullish trend supported by the EMA50, unless breaking 43.00 level and holding below it.
The expected trading range for today is between 43.00 support and 46.00 resistance.
The expected trend for today: Bullish
Origin: Economies
