Brent oil price provided clear positive trades yesterday to reach 84.50 level, and we believe that the way is open to achieve more rise on the intraday and short term basis, waiting to test 85.80 level that represents our next target, which breaching it represents the key to rally towards 88.00 areas.
Holding above 83.00 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 83.00 support and 86.00 resistance.
The expected trend for today: Bullish
Origin: Economies
