Brent oil price breached 62.92 level clearly and settles above it now, which leads the price to turn to rise on the intraday basis, on its way to achieve positive targets that start at 64.35 and extend to 65.92.
Therefore, the bullish bias will be suggested for the rest of the day unless breaking 62.92 level and holding below it again.
The expected trading range for today is between 62.50 support and 65.00 resistance.
The expected trend for today: Bullish