Brent oil price provided positive trades yesterday to breach 65.15 and settles above it, to reactivate the bullish trend scenario that targets 69.00 followed by 70.00 areas as next main stations.
Therefore, we expect witnessing more rise in the upcoming sessions supported by the positive signal provided by stochastic, noting that the continuation of the bullish wave requires holding above 64.70.
The expected trading range for today is between 64.20 support and 67.00 resistance.
The expected trend for today: Bullish