Brent oil price provided clear negative trades yesterday after approaching 119.00 barrier, to test the key support base 115.10 and rebounds bullishly from there, to keep the bullish trend scenario valid and active for the upcoming period, supported by stochastic positivity, waiting to visit 121.30 as a next main station.
Therefore, we will continue to suggest the bullish trend unless breaking 115.10 and holding below it.
The expected trading range for today is between 114.50 support and 121.00 resistance.
The expected trend for today: Bullish
Origin: Economies
