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Brent oil price forecast update 11-06-2024
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Brent oil price forecast update 11-06-2024
Jun 11, 2024 3:59 AM

Brent Oil Price Analysis Expected Scenario Brent oil price fluctuates around 81.75$ level since morning, and as long as the price is below 82.40$, the bearish trend will remain suggested for today, supported by the negative overlapping signal provided by stochastic, waiting to motivate the price to decline towards 80.08$ as a next main target. Expected Trading Range Between 79.80$ support and 82.50$ resistance.

Trend Forecast: Bearish

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