Brent oil price resumes its positive trading to step above the main bullish channel’s resistance again, which supports the continuation of the bullish trend scenario in the upcoming sessions, organized within the intraday bullish channel that appears in the image, and we believe that the way is open for targeting 83.65 level as a next station.
The EMA50 keeps supporting the suggested bullish wave, and its continuation conditioned by holding above 78.25 level.
Expected trading range for today is between 78.25 support and 82.00 resistance.
Origin: Economies
