Brent oil price provides new positive trades now to move away from 86.00$ barrier, which supports the continuation of the expected bullish trend on the intraday and short-term basis, waiting to test 87.67$ as a next target, which breaching it represents the key to rally towards 89.50$ as a next main station.
Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that it is important to hold above 84.77$ to achieve the waited targets.
The expected trading range for today is between 85.20$ support and 88.20$ resistance.
Trend forecast: Bullish
Origin: Economies