Brent oil price shows more bullish bias to settle above 80.00$ barrier, to support the continuation of the expected bullish trend on the intraday and short-term basis, and the way is open to achieve our waited target at 80.96, noting that breaching this level will push the price to 82.00 as a next positive station.
The bullish channel organizes the suggested bullish wave, which will remain valid conditioned by the price stability above 78.90.
The expected trading range for today is between 79.20 support and 82.20 resistance.
The expected trend for today: Bullish
Origin: Economies
