Brent oil price provides positive trades to move away from the key support base that rise snow to 65.10, which support the continuation of the expected bullish trend scenario for the upcoming period, supported by the EMA50, waiting to head towards 69.00 followed by 70.00 as next main targets.
On the other hand, we should note that the continuation of the bullish wave requires holding above 65.10, as breaking it will press on the price to test 62.95 level before detecting its next destionation clearly.
The expected trading range for today is between 64.80 support and 67.50 resistance.
The expected trend for today: Bullish
Origin: Economies
