Brent oil price begins with more positivity – Analysis - 24-01-2022

Economies.com
2022-01-24 05:13AM UTC

Brent oil price opens today’s trading positively to test 88.00 barrier, on its way to achieve more expected gains in the upcoming sessions, to stop the recently suggested negative scenario and head to test 88.80 initially, noting that surpassing this level will push the price to visit 90.00$ barrier as a next main station.

 

Therefore, we expect to witness more rise today unless breaking 87.00 and holding below it.

 

The expected trading range for today is between 86.50 support and 89.30 resistance.

 

The expected trend for today: Bullish

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