Brent oil price trades negatively to approach the bullish channel’s support line that appears on the chart, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the expected bullish trend for today, which targets 36.00 level as a next main station, while achieving it conditions holding above 31.60.
The expected trading range for today is between 32.00 support and 36.00 resistance.
The expected trend for today: Bullish