Brent oil price breached 72.06$ level clearly and ended yesterday above it, to start recovering and turn to rise on the intraday basis, on its way to test 73.90$ as a first station, noting that breaching this level will lead the price to achieve additional gains that reach 75.36$.
Therefore, the bullish trend will be expected for today unless breaking 72.06$ and holding below it again.
The expected trading range for today is between 71.50$ support and 74.50$ resistance.
Trend forecast: Bullish
Origin: Economies
