Brent oil price Expected Scenario Brent oil price shows bullish bias now, affected by stochastic positivity, and as long as the price is below 84.77$, the bearish trend scenario will remain valid for today, organized inside the bearish channel that appears on the chart, supported by the EMA50 presses negatively on the price, reminding you that we are waiting to target 82.40$ followed by 80.08$ levels mainly. Expected Trading Range Between 81.00$ support and 84.00$ resistance.

Trend Forecast: Bearish