Brent oil price didn’t show any strong move since morning, to keep fluctuating near the bearish channel’s resistance that appears in the image, therefore, there is no change on the overall bearish trend scenario that depends on the stability below 32.23 level and the most important below 37.29, reminding you that our next main target at 27.09, while breaking this level represents the extension key for extending the bearish wave to reach 24.90.
Expected trading range for today is between 28.00 support and 32.23 resistance.
Expected trend for today: Bearish