Brent Oil Price Analysis
Expected Scenario
Brent oil price decline stopped at the EMA50, forming solid support.
Positive trading signals hint at resuming the main bullish trend.
Positive targets are expected, starting at 91.30$ and extending to 93.70$ after breaching the previous level.
Breaking 89.75$ will halt the positive scenario and may lead to a decline towards 88.45$.
The expected trading range for today is between 89.30$ support and 92.40$ resistance.
Trend Forecast
Bullish
Origin: Economies
