Brent oil price resumes its positive trading clearly to approach yesterday’s recorded high at 72.85, waiting to surpass this level to reinforce the expectations of extending the bullish wave on the intraday and short term basis, which its next target located at 74.70, reminding you that the continuation of the bullish wave depends on the price stability above 71.95.
The expected trading range for today is between 71.00 support and 73.50 resistance.
The expected trend for today: Bullish