Brent oil price surpassed 73.90$ level by today’s open and closed the last four hours’ candlestick above it, to start building bullish wave on the intraday basis, its targets begin by testing 75.36$ level, noting that breaching this level will extend the bullish wave to reach 76.84$.
Therefore, the bullish trend will be expected for today unless breaking 73.9$ and holding below it again.
The expected trading range for today is between 73.00$ support and 75.80$ resistance.
Trend forecast: Bullish
Origin: Economies
