Brent oil price succeeded to achieve our waited target at 93.30, noticing that the price begins today with strong rise to hint heading to start correctional bullish wave, its targets start by surpassing 96.10 to open the way to head towards 97.80 as a next positive station.
Therefore, we expect to witness more rise in the upcoming sessions supported by stochastic positivity, noting that breaking 93.30 will stop the positive scenario and press on the price to resume the main bearish trend again.
The expected trading range for today is between 94.00 support and 98.00 resistance.
The expected trend for today: Bullish
Origin: Economies
