Brent oil price managed to touch our first waited positive target at 91.30, and attempts to return to the main bullish channel, to head towards achieving more expected gains on the intraday and short-term basis, on its way to visit 92.60 followed by 94.00 levels as next positive stations.
Therefore, we expect the continuation of the bullish trend in the upcoming sessions, supported by the completion of the double bottom pattern that appears on the chart, noting that holding above 90.30 represents key condition to achieve the suggested targets.
The expected trading range for today is between 90.00 support and 93.00 resistance.
The expected trend for today: Bullish
Origin: Economies
