Brent oil price fluctuates around 72.00$ support line, noticing that stochastic overlaps positively now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its first target located at 73.80$, reminding you that breaching this level will push the price towards 75.24$ as a next main target.
Therefore, the bullish trend will remain valid and active, reminding you that the continuation of the bullish wave conditions the price stability above 70.90$.
The expected trading range for today is between 71.40$ support and 74.40$ resistance.
Trend forecast: Bullish
Origin: Economies
