Brent oil price achieved strong gains yesterday, starting today with additional rise to achieve our waited target at 115.50 and attempts to breach it, recording new historical rises, waiting for more rise in the upcoming sessions, noting that the next target reaches 120.00.
Holding above 111.45 is important to continue the expected rise, as breaking it will force the price to achieve intraday bearish correction before resuming the bullish trend again.
The expected trading range for today is between 114.00 support and 120.00 resistance.
The expected trend for today: Bullish
