Brent oil price succeeded to achieve our first waited target at 75.10 and rallies upwards to surpass this level and settles above it, which supports the continuation of the bullish overview on the intraday and short term basis, paving the way to achieve more gains to reach 79.50 areas on the near term basis, reminding you that it is important to hold above 72.65 to continue the suggested bullish wave.
The expected trading range for today is between 73.50 support and 76.50 resistance.
The expected trend for today: Bullish