Brent oil price resumes its positive trading to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for the rest of the day, and the way is open to head towards 67.45 that represents our next main target, noting that stochastic and the EMA50 support the expected rise, which will remain valid unless breaking 65.00 and holding below it.
The expected trading range for today is between 64.00 support and 67.00 resistance.
The expected trend for today: Bullish