Brent oil price shows slight bearish bias to approach from 62.92 level, keeping the bearish trend scenario valid for today, and it needs negative motive that supports the chnaces for breaking the mentioned level to open the way towrdas extending the bearish wave to 59.93, being aware that the continuation of the expected decline depends on the stability below 65.92 level.
The expected trading range for today is between 61.50 support and 64.50 resistance.
The expected trend for today: Bearish