Brent oil price approached 82.00$ level, noticing that the EMA50 forms solid support to protect the price from suffering more losses, to start today positively and head towards resuming the main bullish trend again.
Therefore, the bullish trend will be suggested for today, waiting to breach 83.87 to confirm opening the way to achieve more gains that reach 85.00 followed by 86.40 areas, noting that breaking 82.15 will stop the bullish trend and push the price to achieve new decline that targets testing 81.00 before any new attempt to rise.
The expected trading range for today is between 81.50 support and 84.50 resistance.
The expected trend for today: Bullish
Origin: Economies
