Brent oil price settles above 73.58 level after pushing negatively on it on last Friday, which keeps the bullish trend scenario active until now, organized inside the intraday bullish channel that appears on the chart, protected by the EMA50 that continues to carry the price from below.
Therefore, we are waiting for positive trading in the upcoming sessions conditioned by the price stability above 73.58 level, waiting to target 77.80 level as a next main station.
Expected trading range for today is between 73.00 support and 76.00 resistance.
Expected trend for today: Bullish
Origin: Economies
