Brent oil price attempts positively – Analysis 22-11-2023

neftBrent oil price resumed its positive trading after the temporary decline that it witnessed yesterday, waiting for more rise to visit 83.87 that represents our next main target.

Therefore, the bullish trend scenario still active, and the price needs to get positive momentum that assist to surpass the mentioned level to achieve additional rises that reach 85.20 as a next main station, reminding you that it is important to hold above 81.00 to continue the expected bullish trend.

The expected trading range for today is between 81.20 support and 84.20 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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