The tight range dominates Brent oil price trades since morning, which hovers around 43.00 level, thus, our neutrality will remain valid until the price confirms its next destination through breaking 42.75 support or breaching 43.90 resistance.
To reviews the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 41.50 support and 45.00 resistance.
The expected trend for today: Neutral