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Brent oil price approaches the psychological barrier – Forecast today - 03-04-2024
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Brent oil price approaches the psychological barrier – Forecast today - 03-04-2024
Apr 2, 2024 7:54 PM

Brent Oil Analysis Brent oil price continues to rise towards the next main target at the psychological barrier of 90.00$ per barrel. Expectation of the bullish trend to continue, targeting new positive levels up to 91.00$ upon surpassing the previous level. Possible sell-offs and profit taking when testing the psychological barrier. Breaking 88.60$ may temporarily halt the bullish wave, pushing the price to test the first key support at 87.40$. Expected Trading Range for Today Between 88.30$ support and 91.20$ resistance. Trend Forecast: Bullish

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