Brent Oil Price Analysis Expected Scenario Brent oil price shows bearish bias now, affected by stochastic negativity, which urges caution from the upcoming trading, as continuing the decline and breaking 83.65$ will push the price to suffer additional losses and visit 82.40$ before turning back to rise again. The price needs to breach 84.77$ to confirm resuming the bullish wave that targets 85.80$ as a next positive station. Expected Trading Range Between 83.00$ support and 86.00$ resistance.

Trend Forecast: Bullish