Brent oil price keeps rallying bullishly to achieve the first extended target at 88.00 and attempts to breach it, to support the continuation of the bullish trend scenario on the intraday and short term basis, waiting to visit 88.80 that represents our next target.
The bullish channel continues to organize the suggested bullish wave, which will remain valid conditioned by the price stability above 85.80.
The expected trading range for today is between 86.60 support and 89.60 resistance.
The expected trend for today: Bullish
Origin: Economies
