Brent oil price resumes its positive trading to approach our waited target at 78.90, and we suggest the continuation of the bullish bias to surpass this level and achieve additional gains that reach 80.95.
Therefore, we will continue to suggest the bullish trend for today, which gets continuous support by the EMA50, reminding you that it is important to hold above 76.80 to achieve the waited targets.
The expected trading range for today is between 76.50 support and 79.40 resistance.
The expected trend for today: Bullish