Brent oil price continues to fluctuate between the key levels represented by 69.60 support and 72.70 resistance without managing to breach one of them until now, which makes us continue with our neutrality until the price confirms breaching one of these levels to detect the next targets clearly.
Breaching the mentioned resistance will complete forming bullish pattenr that has positive targets that start at 75.20 and extend to 77.70, while breaking the support will put the price under the negative pressure again, to head towards visiting 64.60 areas mainly.
The expected trading range for today is between 69.00 support and 72.70 resistance.
The expected trend for today: Neutral