Brent oil price achieves good gains – Analysis – 23-09-2021

forex_news_neftBrent oil price opens today’s trading with new bullish rally to surpass 76.00 barrier, reinforcing the expectations of achieving more gains in the upcoming period, and the way is open to visit 77.80 level that represents our next main target.

Therefore, the bullish trend scenario will remain valid and active supported by the EMA50, reminding you that it is important to hold above 74.70 to continue the expected rise.

The expected trading range for today is between 75.00 support and 78.00 resistance.

The expected trend for today: Bullish

Origin: Economies

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