Brent oil price settles below 102.25 level, to keep the negative pressure valid until now, waiting to resume the negative trades that target 97.00 areas as a next main station.
Stochastic loses its positive momentum gradually to support the expectations to decline, reminding you that it is important to hold below 102.25 to achieve the suggested targets.
The expected trading range for today is between 97.50 support and 103.50 resistance.
The expected trend for today: Bearish
Origin: Economies
