Brent oil price trades with clear positivity to approach our waited target at 76.47, which supports the continuation of our bullish overview on the intraday and short term basis, as the price is organized inside bullish channel that we expect to assist the price to surpass the mentioned target and open the way to extend gain towards 79.00 areas.
Therefore, we will continue to suggest the bullish trend unless breaking 74.00 level and holding below it.
Expected trading range for today is between 74.00 support and 77.50 resistance.
Expected trend for today: Bullish
Origin: Economies
