Brent oil price shows more bullish bias to approach our first waited target at 76.00, expecting to continue the bullish wave to head towards 78.00 that represents our next main target, to continue suggesting the bullish trend on the intraday and short term basis, conditioned by the price stability above 74.25, noting that the EMA50 keeps supporting the suggested bullish wave.
The expected trading range for today is between 74.00 support and 77.00 resistance.
The expected trend for today: Bullish