Brent oil price settles above the key support 73.58, to keep the bullish trend scenario active for the upcoming period, organized inside the bullish channels that appear on the chart, noting that we need to get enough positive momentum to push the price to continue risigin.
Our next main target is located at 77.60, reminding you that breaking 73.58 will push the price to turn to decline and visit 70.75 areas before any new positive attempt.
Expected trading range for today is between 73.00 support and 76.50 resistance.
Expected trend for today: Bullish
Origin: Economies
