Brent oil price attempted to breach 74.00 and finds difficulty to hold above it, and as long as the price is above 72.75, our bullish overview will remain active for today, and the price gets continuous support by the EMA50, reminding you that our waited targets begin at 74.70 and extend to 75.60 after breaching the previous level.
The expected trading range for today is between 72.50 support and 75.30 resistance.
The expected trend for today: Bullish