Brent oil price returns to test 42.17 level that continues to form solid resistance against the price, and as long as the price is below this level, the expcted decline will remain valid for today, supported by the EMA50 and stochastic, waiting to head towards 40.00 followed by 39.46 levels that represent our net main targets.
The expected trading range for today is between 40.00 support and 43.00 resistance.
The expected trend for today: Bearish