Brent oil price shows sideways and tight trading range since morning, settles near 62.00 barrier therefore, there is no change on our bullish trend expectations that depend on the stability above 61.40, getting a good positive support from the EMA50, reminding you that our main targets begin at 62.92 and extend to 64.00 after breaching the previous level.
The expected trading range for today is between 61.40 support and 64.00 resistance.
The expected trend for today: Bullish