Brent oil price fluctuates at the key support 72.00, and we still waiting to break this level to confirm extending the bearish wave to reach our next target at 70.00, to continue suggesting the bearish trend for today conditioned by the price stability below 74.00, depending on the price return to the bearish channel that appears on the above chart.
Expected trading range for today is between 70.50 support and 74.00 resistance.
Expected trend for today: Bearish