Brent oil price trades with slight negativity since morning, resuming the bearish correctional track that its next main target at 49.21, where the price under the negative pressure that comes from the EMA50, besides the negative signal that comes from stochastic, taking into consideration that the continuation of the bearish trend for today depends on the stability below 50.96.
Expected trading range for today is between 48.50 support and 52.00 resistance.
Expected trend for today: Bearish