Brent oil price opens today’s trading with strong positivity after leaning on the minor bullish channel’s support line, to settle above 66.00$ barrier now, which supports the continuation of the main bullish trend scenario, which targets 68.75 areas as a next main station.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 65.35 and the most important above 64.00.
The expected trading range for today is between 65.00 support and 67.60 resistance.
The expected trend for today: Bullish
Origin: Economies
