Brent oil price shows some slight bullish bias by today’s open, to hint heading to resume the main bullish trend, which targets 90.00 followed by 92.35 levels as next main stations.
Therefore, the bullish trend still active, supported by the EMA50 that carries the price from below, taking into consideration that breaking 88.20 will stop the positive scenario and push the price to turn to decline.
The expected trading range for today is between 88.00 support and 91.00 resistance.
The expected trend for today: Bullish
Origin: Economies
