Brent oil price provides more positive trades to test 40.00$ barrier by today’s open, reinforcing the expectations of continuing the intraday bullish trend line, waiting for more rise to test 41.17 level that represents our next main target.
Therefore, the positive scenario will remain valid for the upcoming period, noting that holding above 37.65 is required to achieve the waited targets.
The expected trading range for today is between 37.00 support and 41.00 resistance.
The expected trend for today: Bullish
Origin: Economies
