Brent oil price trades with strong positivity now to breach 78.75 level and settles above 79.00 barrier, which reactivate the bullish trend scenario that its next target located at 80.48, making the bullish trend suggested for the rest of the day unless breaking 78.05 level and holding below it again.
Expected trading range for today is between 76.00 support and 79.00 resistance.
Expected trend for today: Bullish