Brent oil price shows some slight bullish bias that hints heading to resume the bullish trend on the intraday and short term basis, which keeps our positive overview for the rest of the day, supported by the EMA50 and stochastic, reminding you that our first main target at 70.85, while holding above 68.40 represents major condition to achieve it.
Expected trading range for today is between 68.00 support and 71.00 resistance.
Expected trend for today: Bullish