Brent oil price settles above 84.00 barrier, getting good support by the EMA50, noticing that the price completed forming double bottom pattern to form positive motive that we are waiting to push the price for more gains in the upcoming sessions, reminding you that the waited targets begin at 85.80 and extend to 88.00.
Holding above 82.95 is important to continue the expected rise, as breaking it will press on the price to test 80.80 areas before any new attempt to rise.
The expected trading range for today is between 83.20 support and 86.00 resistance.
The expected trend for today: Bullish
Origin: Economies
