Brent oil price resumes the rise – Analysis – 01/09/2021

com-l7Brent oil price begins today with clear positivity to move away from 71.20 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, remidning you that our first target is represented by breaching 72.75 to confirm opening the way to head towards 74.65.

Therefore, the bullish trend scenario will remain dominant in the upcoming period conditioned by the price stability above 71.20.

The expected trading range for today is between 71.00 support and 73.80 resistance.

The expected trend for today: Bullish

Origin: Economies

Leave a Reply