Brent oil price traded with strong positivity yesterday to breach 92.30 level and confirms the return to the bullish channel again, to reactivate the positive scenario and head towards achieving positive targets that start at 95.00 followed by 96.05.
The EMA50 supports the price from below, to reinforce the continuation of the suggested bullish trend, which will remain valid conditioned by the price stability above 92.40.
The expected trading range for today is between 92.30 support and 95.50 resistance.
The expected trend for today: Bullish
Origin: Economies
