Brent oil price shows new test to the EMA50, and as long as the price is above 71.70, our bullish overview will remain valid for today, supported by stochastic positivity, waiting to resume the bullish bias that targets 73.20 followed by 75.60 levels as next main stations.
The expected trading range for today is between 71.00 support and 74.00 resistance.
The expected trend for today: Bullish