Brent oil price soared yesterday to breach 71.20 level and open the way to provide more expected positive trades in the upcoming sessions, as it approached 72.75 level, and we suggest the continuation of the rise to surpass this level and head towards 73.50 followed by 74.65 areas as next positive targets.
Therefore, the bullish trend will be suggested for the upcoming period unless breaking 71.20 level and holding below it.
The expected trading range for today is between 70.50 support and 73.50 resistance.
The expected trend for today: Bullish
Origin: Economies
