Brent oil price continues the attempts to breach the key resistance 85.55, noticing that stochastic attempts to gather the positive momentum on the intraday basis, to support the chances of continuing the rise in the upcoming sessions, to keep the bullish trend scenario active, reminding you that the next main target extends to 88.00.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid and active conditioned by the price stability above 84.40.
The expected trading range for today is between 84.00 support and 87.00 resistance.
The expected trend for today: Bullish
Origin: Economies
