Brent oil price fluctuates at the bullish channel’s support line that appears on the chart, while stochastic gains the positive momentum gradually, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which its next target located at 71.35, while achieving it requires holding above 67.55.
The expected trading range for today is between 67.00 support and 70.00 resistance.
The expected trend for today: Bullish