Brent oil price provided clear positive trades yesterday to test 79.00 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that we are waiting to visit 81.00 as a next main target.
The EMA50 supports the price from below and reinforces the chances of continuing the suggested positive scenario, which will remain valid unless breaking 77.44 followed by 76.80 levels and holding below them.
The expected trading range for today is between 77.60 support and 80.60 resistance.
The expected trend for today: Bullish
Origin: Economies
