Brent oil price provided negative trades yesterday to approach testing 74.25 level, starting today positively to resume the expected bullish trend for the upcoming period, and we believe that the way is open to head towards our next target at 78.00.
Therefore, our bullish overview will remain valid and active as long as 74.25 level remains intact, noting that the EMA50 continues to support the expected rise.
The expected trading range for today is between 74.25 support and 77.40 resistance.
The expected trend for today: Bullish
Origin: Economies
