Trend Forecast for Brent Oil Price Expected Scenario near the Bullish Channels Support Line Brent oil price fluctuates near the bullish channels support line. Stochastic reaches the oversold areas, supporting the chances of rising in the upcoming sessions. The expected bullish wave for today targets 93.40$ as a next station. Expected Scenario in Case of Price Stability Above 89.00$ The continuation of the bullish wave depends on the price stability above 89.00$. Expected trading range for today: Between 88.60$ support and 91.50$ resistance

Trend forecast: Bullish