Brent oil price tested the critical support base at 59.60 and bounced higher from there, keeping the bullish trend scenario active for today, supported by the EMA50 that carries the price from below, waiting for more of the upside moves to visit 62.50 level as a next main target, reminding you that holding above 59.60 level is important for the continuation of the expected rise.
The expected trading range for today is between 59.00 support and 62.00 resistance.
The expected trend for today: Bullish