Brent oil price rises now to move away from 73.00 barrier, reinforcing the expectations of continuing the bullish trend for the rest of the day, and the way is open to achieve our waited target at 74.70, supported by the EMA50 that carries the price from below, reminding you that it is important to hold above 72.75 to continue the expected rise.
The expected trading range for today is between 72.00 support and 74.70 resistance.
The expected trend for today: Bullish