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Brent oil price forecast update 09-04-2024
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Brent oil price forecast update 09-04-2024
Apr 9, 2024 3:59 AM

Brent Oil Price Analysis Expected Scenario Brent oil price crawls upwards calmly, waiting to get positive motive that assist to push the price to achieve the expected bullish wave targets that start at 92.35$ and extend to 94.05$ after surpassing the previous level.

In general, the bullish trend will remain valid and active for the upcoming period unless breaking 90.10$ and holding below it.

Expected Trading Range Between 90.00$ support and 93.00$ resistance.

Trend Forecast: Bullish

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