Brent oil price tested 77.44 again and kept its stability above it, to keep the bullish trend scenario valid for the upcoming period, waiting to get positive momentum that assist to push the price to resume the positive trades that target 81.00 areas again.
Therefore, we are waiting for new positive trades on the intraday basis, noting that breaking 77.44 and holding below it will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 77.00 support and 80.00 resistance.
The expected trend for today: Bullish
Origin: Economies
