Brent Oil Price Analysis Expected Scenario Brent oil price settles above 84.77$ level, and begins to provide slight positive trades, as stochastic approaches to overlap positively, to support the chances of continuing the bullish bias in the upcoming sessions, paving the way to head towards our positive targets that start at 85.80$ followed by 87.67$. Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 84.77$. Expected Trading Range Between 84.00$ support and 87.00$ resistance.
Trend Forecast: Bullish