Brent oil price faced negative pressure yesterday to test 110.05 level, and it keeps its stability above it until now, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the main bullish trend, which targets 115.10 as a next main station.
The EMA50 supports the expected rise, which will remain valid unless breaking 110.05 and holding below it.
The expected trading range for today is between 109.50 support and 115.00 resistance.
Origin: Economies
