Brent oil price hovers around 85.00 level, forming positive pattern that we are waiting to assist to push the price to resume the expected bullish trend for the upcoming period, which gets continuous support by the EMA50, reminding you that our first target is located at 86.15, while achieving it requires holding above 84.65.
The expected trading range for today is between 84.00 support and 86.80 resistance.
The expected trend for today: Bullish