Brent oil price trades with calm positivity since the beginning of today, hinting the price head to resume the main bullish trend, organized inside the bullish channels that appears on the chart, supported by the EMA50, noting that our waited target rises to reach 85.30.
Therefore, the bullish trend will remain suggested in the upcoming period, noting that breaking 81.90 might push the price to test 80.50 before any new attempt to rise.
Expected trading range for today is between 81.90 support and 85.30 resistance.
Expected trend for today: Bullish
Origin: Economies
