Brent oil price settles above 76.00 level, and it might show temporary sideways trades affected by stochastic negativity before resuming the main bullish trend, which targets 77.80 as a next main station, taking into consideration that breaking 74.70 will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 75.00 support and 78.00 resistance.
The expected trend for today: Bullish