The price of Brent crude contracts surged up yesterday to penetrate the level of 66.54 and settle over it, where the price oscillates around the first positive target that exists at 67.68, confirming the instantaneous and short-term upward trend scenario, waiting for the extension of the rising wave to target the level of 69.08 as the next stop .
From here, we are waiting for the further rise of the day with the support of the 50 moving average, indicating that persistence over 66.54 is an important condition for the continuation of the expected height.
Expected trading range for today between support 66.50 and resistance 69.50
The general inclination of the day: rising