Brent oil price opens today’s trading with clear rise to start attempts to return to the minor bullish channel, which supports the continuation of our bullish overview efficiently on the intraday and short term basis, waiting to head towards 66.00 as a next main station.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid and active unless we witnessed clear break to 62.30 level and holding below it.
The expected trading range for today is between 62.50 support and 65.50 resistance.
The expected trend for today: Bullish
Origin: Economies
