Brent oil price opens today’s trading with new rise and attempts to surpass the resistance line that appears on the chart, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, waiting to head towards our next positive targets that start at 76.00 and extend to 77.80.
Stochastic and the EMA50 support the expected rise, noting that breaking 74.70 followed by 74.00 levels will stop the positive scenario and press on the price to turn to decline.
The expected trading range for today is between 73.50 support and 76.50 resistance.
The expected trend for today: Bullish
Origin: Economies
