Brent oil price provided clear negative trades in the previous sessions to approach the key support 65.15, notincing that the EMA50 formed good support base to protect the price from suffering more losses, which keeps the main positive scenario active for the upcoming period, waiting to head towards 70.00 as next main targets.
Therefore, we will keep our bullish overview unless breaking 65.15 and holidng below it.
The expected trading range for today is between 65.15 support and 68.00 resistance.
The expected trend for today: Bullish
Origin: Economies
