Brent oil price rallies upwards to breach 100.70 and hints heading to turn to rise, which urges caution from the upcoming trading, as the price needs to consolidate below the mentioned level and breaking 99.30 to revive the main bearish trend scenario, while holding below 100.70 represents the key to rally towards 102.25 as a next positive target.
The expected trading range for today is between 97.00 support and 101.50 resistance.
The expected trend for today: Bearish