Brent oil price begins today’s trading with clear positivity to start testing 75.40 level, waiting to breach this level to ease the mission of heading towards our next main target at 76.00, and the chances valid to continue the rise and achieve extended gains that reach 78.00.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period unless breaking 74.25 and holding below it.
The expected trading range for today is between 74.00 support and 77.00 resistance.
The expected trend for today: Bullish
Origin: Economies
