Brent oil price shows sideways trading since morning and continues to fluctuate around the EMA50, thus, no change to the sideways move scenario that confines trading between 58.40 support and 63.95 resistance, noting that the details of the expected targets after breaching the mentioned levels are explained in our morning issued report.
Expected trading range for today is between 58.40 support and 62.00 resistance.
Expected trend for today: Sideways