Brent oil price returns to decline after the temporary rise that it witnessed in the previous sessions, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, which gets continuous support by the EMA50, reminding you that our main waited target is located at 64.55, while achieving it requires holding below 67.70.
The expected trading range for today is between 64.55 support and 67.70 resistance.
The expected trend for today: Bearish