Brent oil price rebounds bullishly after approaching 72.06$ in the previous sessions, to head towards achieving expected gains on the intraday basis, noting that the first station is represented by testing 73.90$, which breaching it represents the key to rally towards 75.36$ as a next positive target.
Therefore, the bullish trend will be expected for today, noting that breaking 72.06$ will stop the positive scenario and push the price to suffer new losses that reach 71.00$ as a next negative station.
The expected trading range for today is between 72.10$ support and 75.10$ resistance.
Trend forecast: Bullish
Origin: Economies
