Brent Oil Price Analysis Expected Scenario Brent oil price fluctuates negatively since morning. Stochastic gets rid of its negativity to approach the oversold areas. Expected Outcome Waiting to motivate the price to resume the expected bullish trend for today, which targets 91.00$ as a next main station.

The EMA50 keeps supporting the suggested bullish wave, reminding you that it is important to hold above 89.15$ to continue the rise today.

Expected Trading Range Between 88.50$ support and 91.60$ resistance.

Trend Forecast: Bullish