middayThe price of oil is testing a new test to support the bullish intraday channel and is still above it, accompanied by Stochastic reaching the oversold levels, while the pair is getting positive support from SMA 50.
Therefore, we will hold onto our bullish trend for the rest of the day unless the level of 63.60 is broken and stability below it, noting that a break of 64.65 is needed to facilitate the move towards our next target at 66.75.
The trading range for today is expected among the support at 63.20 and the resistance at 66.75
The general trend for today is bullish


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