Brent oil price broke 82.15 level clearly and closed the last four hours’ candlestick below it, to turn to decline for the rest of the day and head towards visiting 81.00 mainly.
Therefore, we expect to witness more decline in the upcoming sessions, taking into consideration that surpassing 82.15 and holding above it will reactivate the bullish trend scenario that its first target located at 83.87.
The expected trading range for today is between 80.80 support and 83.00 resistance.
