Brent Oil Price Analysis Expected Scenario Brent oil price succeeded to touch our waited target at 82.40$. Attempts to break it, supporting the chances of extending the correctional bearish wave and head to target 80.08$ areas as a next negative station. Therefore, our bearish overview will remain valid for today. Failing to confirm breaking 82.40$ will lead the price to start recovery attempts and head to visit 84.77$ areas initially. Expected Trading Range Between 81.60$ support and 84.60$ resistance.
Trend Forecast: Bearish