Brent oil price opens this week with bullish rally to breach 33.00$ barrier, hinting that the way is open to continue rising and head towards our next target at 36.00, supported by the EMA50 that keeps carrying the price from below.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that holding above 32.20 is important to achieve the waited targets.
The expected trading range for today is between 32.20 support and 36.00 resistance.
The expected trend for today: Bullish
Origin: Economies
