Yesterday, Brent crude traded in different directions in the range of $28.80-$30.00 and closed the day without significant changes. Today, oil also traded in a narrow range of $28.70-00, remaining near yesterday's closing price. On the hourly chart, Brent is still trading above the MA (200) H1 moving average line ($27.35). On the four-hour chart, the situation is similar.
Resistance levels are at: $30.90, $35.45, $39.40
Support levels are at: $27.55, $23.85, $22.55
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