Brent oil price rallied upwards yesterday to succeed achieving our waited target at 81.00 and breached it to settle above it, opening the way to achieve more gains in the upcoming sessions, to head towards visiting 83.87 areas as a next main station.
Therefore, the bullish trend will remain dominant on the intraday basis as long as 81.00 level remains intact, as breaking it will put the price under negative pressure and might cause trend turn to decline.
The expected trading range for today is between 80.60 support and 83.80 resistance.
The expected trend for today: Bullish
Origin: Economies
