Brent oil price resumes its positive trading strongly by today’s open to breach 80.00$ barrier and confirms opening the way to achieve more gains on the intraday and short term basis, waiting to head towards 82.20 that represents our next main target.
The EMA50 continues to support the suggested bullish wave, which moves organized inside the bullish channel that appears on the chart, while holding above 77.80 is important to achieve the expected targets.
The expected trading range for today is between 79.00 support and 81.90 resistance.
The expected trend for today: Bullish
Origin: Economies
