Brent oil price provided more negative trades yesterday to reach 88.75 areas, noticing that the price begins today with clear positivity to hint heading to resume the bullish trend again, waiting to test 90.30 initially, noting that breaching this level will push the price to achieve additional gains that reach 91.85 followed by 93.40.
Stochastic approaches overlapping positively to support the expectations to rise, noting that failing to surpass 90.30 will push the price to return to the correctional bearish track again.
The expected trading range for today is between 88.00 support and 91.00 resistance.
The expected trend for today: Bullish
Origin: Economies
