Brent oil price bounced bullishly after testing 76.47 level in the previous sessions, to keep the bullish trend valid and active on the intraday and short term basis, waiting to head towards the recently recorded top at 80.48 as a next main station.
Therefore, we are waiting for more rise in the upcoming period conditioned by the price stability above 76.47 level.
Expected trading range for today is between 76.00 support and 79.50 resistance.
Expected trend for today: Bullish
Origin: Economies
