Brent oil price provides clear positive trades now to start attacking 83.50 resistance line and attempts to hold above it, which supports the continuation of the expected bullish trend for the upcoming period, which targets 85.00 areas mainly.
Stochastic overlaps positively now to support the chances of achieving more rise in the upcoming sessions, noting that failing to confirm breaching 83.50 might push the price to achieve temporary decline and test 82.05 areas before any new attempt to rise.
The expected trading range for today is between 82.30 support and 85.30 resistance.
The expected trend for today: Bullish
Origin: Economies
