Brent oil price trades with clear positivity to surpass our first waited target at 74.40 and attempts to confirm the stability above the intraday bullish channel’s resistance, which reinforces the expectations of achieving more gains in the upcoming sessions, reminding you that our next target is located at 77.30, while holding above 72.70 represents key condition to continue the expected bullish trend.
Expected trading range for today is between 73.00 support and 76.00 resistance.
Expected trend for today: Bullish