Brent oil price trades positively to start attempts to breach 57.00 barrier, which supports the continuation of our bullish overview efficiently in the upcoming period, waiting to head towards 58.37 that represents our next main station.
The EMA50 provides continues positive support to the price, to keep our bullish overview valid conditioned by holding above 55.90.
Expected trading range for today is between 55.50 support and 59.00 resistance.
Expected trend for today: Bullish