Brent oil price managed to touch our first waited target at 68.00 and shows some slight bearish bias from there, and the price needs to get enough positive momentum to push trades to continue the main bullish trend, which its targets extend to reach 72.62 on the near term basis, reminding you that holding above 66.40 represents key condition to continue the expected rise.
The expected trading range for today is between 66.40 support and 70.00 resistance.
The expected trend for today: Bullish