Brent oil price shows weak trades since morning, keeping its stability below 75.18, to keep the negative pressure valid for today, which depends on the price consolidation below the mentioned level, reminding you that our next main target reaches 70.00.
Note that breaching 75.18 will stop the expected decline and lead the price to start intraday bullish correction before turning back to decline again.
The expected trading range for today is between 72.00 support and 75.80 resistance.
The expected trend for today: Bearish