Brent Oil Price Analysis
Expected Scenario
Brent oil price managed to touch our waited target at 82.40$ and found solid support there, to show some bullish bias that makes us suggest targeting 84.77$ in the upcoming sessions, making the bullish bias suggested for today, supported by stochastic positivity.
Note that the overall bearish trend still bearish, and the expected rise for today is temporary, taking into consideration that breaking 82.40$ will stop the suggested positive scenario and push the price to resume the bearish wave that its next target reaches 80.08$.
Expected Trading Range
Between 82.00$ support and 85.00$ resistance.
Trend Forecast: Bullish
Origin: Economies
