Brent Oil Trading Report Brent oil price is testing 84.77$ level and attempts to consolidate below it, to keep the bearish trend scenario valid and active for today, which targets 82.40$ areas as a next main station.

The EMA50 continues to support the suggested bearish wave, which will remain valid unless breaching 84.77$ and holding with a daily close above it.

The expected trading range for today is between 82.80$ support and 86.00$ resistance.

Trend forecast: Bearish