Natural gas price affected by the economic data, forming strong bullish rally yesterday, surpassing the resistance at $3.350 then recording big gains by reaching $4.060, to settle above $3.830 level, which forms a new support against the bullish trading.

 

Providing positive momentum by the main indicators will increase the strength of the bullish track, to expect resuming the bullish attack, to target $4.150 level reaching the next resistance near $4.280.

 

The expected trading range for today is between $3.900 and $4.150

 

Trend forecast: Bullish