Brent oil price attempted to breach 64.30 level but it settled below it, to keep the bearish trend scenario valid until now, supported by the negative signals that appears through stochastic, waiting to resume the decline that its targets begin by breaking 62.92 to confirm extending the bearish wave towards 59.93.
On the other hand, note that breaching 64.30 will push the price to achieve more intraday gains and test 65.92 level before any new negative attempt.
The expected trading range for today is between 62.00 support and 65.00 resistance.
The expected trend for today: Bearish