Brent Oil Price Analysis
Expected Scenario
Brent oil price breaches 84.77$ level, closing above it.
Expectations for continuing bullish trend on intraday and short-term basis.
Targets: 85.80$ and 87.67$ following the breakthrough.
Supporting Factors
EMA50 support reinforces bullish trend expectations.
Breaking below 84.77$ would shift sentiment to bearish.
Expected Trading Range for Today
Between the support 84.20$ and the resistance 87.00$.
Trend Forecast: Bullish
Origin: Economies
