Brent Oil Price Analysis Expected Scenario Brent oil price tested 79.00$ barrier, and it might show some bearish bias affected by stochastic current negativity, but as long as the price is above 78.25$, we will continue to suggest the bullish trend for today, which targets 80.08$ as a next main station. Noting that breaking 78.25$ will push the price to resume the main bearish trend again and head towards testing 77.18$ initially. Expected Trading Range Between 77.60$ support and 80.60$ resistance.

Trend Forecast: Bullish