Continued Bullish Momentum
Brent oil price continues its upward trajectory, surpassing the EMA50.
The next target lies at 87.40$, with further gains anticipated towards the 90.00$ mark.
Intraday Outlook
Temporary sideways fluctuations may occur due to stochastic negativity.
Bullish trend remains intact unless key support levels at 85.90$ and 85.30$ are breached.
Trading Range
Expected trading range for today: 85.10$ support – 88.80$ resistance.
Trend forecast: Bullish
Origin: Economies
