Brent oil price trades with clear negativity to start pressing on 80.80 level, to head towards potential return to the correctional bearish track, but we still neutral until the price confirms breaking this level or consolidating above it followed by achieving new gains on the intraday and short term basis.
To review the details of the expected targets for the upcoming period, please check our previous report.
The expected trading range for today is between 79.50 support and 82.50 resistance.
The expected trend for today: Neutral