Brent oil price resumes its negative trading clearly now to break 60.00$ barrier and settles below it, which supports the continuation of our bearish overview in the upcoming sessions, and the way is open to achieve our next negative target at 57.77, taking into consideration that the continuation of the expected decline conditions holding below 61.80.
Expected trading range for today is between 59.00 support and 62.50 resistance.
Expected trend for today: Bearish