Brent oil price fluctuates within sideways track that puts the price out of the bullish channel, waiting to resume the positive trades and step above 113.20 to reinforce the expectations of continuing the bullish trend in the upcoming sessions, to keep our positive overview conditioned by the price stability above 112.00, reminding you that our next main target is located at 115.10.
The expected trading range for today is between 111.00 support and 116.00 resistance.
The expected trend for today: Bullish