Brent oil price succeeded to achieve our waited target at 74.70 and attempts to breach it, to support the continuation of the bullish trend on the intraday and short term basis, noting that our next target extends to 76.20.
Holding above 73.60 is important to continue the expected rise, as breaking it might press on the price to test 72.60 areas before any new attempt to rise.
The expected trading range for today is between 73.60 support and 76.20 resistance.
The expected trend for today: Bullish
Origin: Economies
