Technical Analysis: Brent Crude Oil Prices Start Up Positively

by Joy

On June 30th, the latest view of analysts at Economies today: Brent crude oil prices closed at 74.30 yesterday, noting that the price opened higher today breaking through this level and trying to stay away, which implies that the rally will resume and achieve, the starting point is 75.50 , the target extended to 76.80.

Therefore, supported by EMA50, we expect to see more bullish bias in the coming sessions, with the caveat that the continuation of the uptrend depends on the price stabilizing at 74.30.

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The expected trading range for Brent crude oil prices today is between 73.20 support and 76.50 resistance.

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