Brent oil price keeps rising to approach 78.00$ barrier, confirming the continuation of the bullish trend domination in the upcoming period, paving the way to achieve more gains that reach 78.66$ as a next main target.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, noting that breaking 76.84$ will stop the bullish wave and push the price to turn to decline.
The expected trading range for today is between 76.35$ support and 79.35$ resistance.
Trend forecast: Bullish
Origin: Economies
