Brent oil price shows sideways trading since morning, and as long as the price is above 67.40, our bullish overview will remain active for today, supported by the EMA50 that protects trading inside the bullish channel that appears on the chart, reminding you that our next target is located at 71.35.
The expected trading range for today is between 67.40 support and 70.40 resistance.
The expected trend for today: Bullish