Brent oil price provided strong positive trades yesterday and begins today with more rise to breach 69.09 level and settles above it, which stops the recently suggested negative scenario and push the price to achieve more expected gains in the upcoming period, paving the way to visit the previous recorded top at 71.36 as a next target.
Therefore, the bullish trend will be suggested for today unless breaking 69.09 level and holding below it again.
Expected trading range for today is between 68.00 support and 71.36 resistance.
Expected trend for today: Bullish
Origin: Economies
