Brent oil price rallied upwards strongly yesterday to approach oru first waited target at 74.40, to keep trading inside the bullish channels that appear on the chart, as it gets continuous positive support by the EMA50, waiting to extend the bullish wave to reach 77.30 as a next station.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 72.70.
Expected trading range for today is between 73.00 support and 76.00 resistance.
Expected trend for today: Bullish
Origin: Economies
