Brent oil price provides continuous positive trades and attempts to confirm the return to the main bullish channel, to keep our bullish overview that targets 78.00 level as a next main station.
Breaching 75.95 is required to reinforce the expectations of continuing the rise, noting that the EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 75.30 and holding below it.
The expected trading range for today is between 75.00 support and 77.70 resistance.
The expected trend for today: Bullish
Origin: Economies
