Brent oil neutral in $71.25-$72.57 range
Brent oil ICEEUR:BRN1! looks neutral in a range of $71.25 to $72.57 per barrel, and an escape could suggest a direction.The bias might be toward the upside, as a five-wave cycle from $98.97 might be ending, as the fifth wave seems to have completed around $70.53. The bullish divergence on the hourl…