Brent oil price trades with strong negativity to test the key support 72.75, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend active for the upcoming period, as breaking it will turn the trend to decline and head towards 71.20 as a next negative target, while the expected positive targets begin at 74.70.
The expected trading range for today is between 72.50 support and 75.20 resistance.
The expected trend for today: Bullish