Brent oil price succeeded to achieve our first waited target at 52.45 and settles around it, and it needs to get a positive motive that assists to push the price to breach this level and open the way to head towards 53.85 that represents our next positive station.
Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that holding above 51.15 is important to continue the expected rise.
The expected trading range for today is between 51.15 support and 54.00 resistance.
The expected trend for today: Bullish
Origin: Economies
