Brent oil price shows new negative trades to test 86.00$ barrier, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our waited target is located at 84.77$.

The EMA50 forms continuous negative pressure that supports the continuation of the suggested bearish wave, which will remain valid unless breaching 87.67$ and holding with a daily close below it.

The expected trading range for today is between 84.90$ support and 88.00$ resistance.

Trend forecast: Bearish