Brent Oil Price Analysis
Expected Scenario
Brent oil price ended yesterday above 82.40$ level, to support the continuation of the expected bullish trend for the upcoming period, noticing that stochastic gains the positive momentum clearly to reinforce the positive overview, waiting to head towards 83.70$ followed by 84.77$ levels as next main targets.
On the other hand, we should note that breaking 82.40$ and holding below it will stop the expected rise and put the price under negative pressure that its targets begin by testing 81.20$ areas.
Expected Trading Range
The expected trading range for today is between 81.10$ support and 84.00$ resistance.
Trend Forecast: Bullish
Origin: Economies
