Brent oil price rallied upwards strongly yesterday to breach 75.00 level and touches 76.47 level direct, as it closed the daily candlestick above the last level, which opens the way to achieve more gains in the upcoming period, paving the way to regain the main bullish trend again.
Therefore, the bullish trend will be expected in the upcoming sessions, and the next main target reaches 80.48, noting that breaking 75.95 will stop the expected rise to push the price to decline again.
Expected trading range for today is between 75.00 support and 78.50 resistance.
Expected trend for today: Bullish
Origin: Economies
