Brent oil price provided negative trades to move below 75.00, waiting to get positive momentum that assist to push the price to resume the main bullish trend, which depends on the price stability above 74.05, supported by the EMA50 that carries the price from below, reminding you that our targets begin by breaching 75.40 to confirm opening the way to head towards 76.00.
The expected trading range for today is between 74.00 support and 76.50 resistance.
The expected trend for today: Bullish