Brent oil price managed to achieve our positive target mentioned in our last report at 105.05, and opens today with strong positivity to breach this level and confirm the continuation of the bullish trend domination, and the way is open to visit 110.05 as a next target, noting that breaching this level will extend Brent oil price gains to reach 115.10.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 105.05.
The expected trading range for today is between 105.05 support and 112.00 resistance.
The expected trend for today: Bullish
Origin: Economies
