Brent oil price continued the bullish rally to touch 75.24$ level, starting today with more rise to attempt to breach this level, paving the way to continue the rise and head to achieve additional gains that reach 76.68$.
Therefore, we expect the continuation of the bullish trend in the upcoming sessions, taking into consideration that failing to breach 75.24$ will stop the bullish wave and push the price to rebound bearishly to test 73.80$ areas initially.
The expected trading range for today is between 74.00$ support and 77.00$ resistance.
Trend forecast: Bullish
Origin: Economies
