Oil is trading Over 75.50 in the positive direction and that’s give the momentum to reach its 1st target for today around 76.50 and if it breaks over 76.80 that will push the price to reach its 2nd target around 77.80
Only the break Under 75.20 would change this view and market direction to reach as Low as 74.20 as its 1st target and if it breaks Lower than 73.90 that will open the door to reach its 2nd target around 72.90