Brent Oil Price Analysis

Expected Scenario

Brent oil price shows positive trades now in attempt to resume the expected bullish trend for today. Waiting to breach 91.55$ to confirm rallying towards our next main target at 92.75$.

Expected Outcome

In general, the bullish trend scenario will remain valid and active for today conditioned by the price stability above 91.05$.

Breaking it might push the price to achieve some bearish correction before turning back to rise again.

Expected Trading Range

Between 90.20$ support and 93.30$ resistance.

Trend Forecast: Bullish