Brent Oil Price Analysis
Expected Scenario
Brent oil price shows mixed trades since yesterday, and continues to fluctuate around 82.40$, waiting to resume the expected bullish wave on the intraday basis, which targets 83.70$ followed by 84.77$ levels as next main stations, supported by stochastic positivity that appears clearly now.
Note that the continuation of the bullish trend requires holding above 82.40$, as breaking it will push the price to turn to decline and head to achieve negative targets that start at 81.20$ followed by 80.08$.
Expected Trading Range
Between 81.10$ support and 84.00$ resistance
Trend Forecast: Bullish
Origin: Economies
