Technical Analysis: Brent crude oil prices hit first target on July 3

On July 3, analysts at Economies have the latest view today: Brent crude oil prices have successfully touched and stabilized around the first target of 75.50, waiting to gain upward momentum to push the price back to the bullish trend, and the next target is 76.80.

Therefore, when the price stabilizes above 74.30, it is recommended to remain bullish with a target of 77.75 and then 78.90.

Today’s expected trading range is between 74.00 support and 77.00 resistance.