Brent oil price shows sideways trading since yesterday, and attempts to start positively today, to support the continuation of the expected bullish trend scenario on the intraday and short term basis, which targets 55.87 followed by 57.77 levels as next main stations.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 52.25 level and holding below it.
The expected trading range for today is between 53.50 support and 56.20 resistance.
The expected trend for today: Bullish
Origin: Economies
