Brent Oil Price Analysis Expected Scenario Brent oil price shows slight bearish bias now, affected by stochastic negativity. This reinforces the expectations of continuing the bearish trend in the upcoming sessions, waiting to test the 82.40$ level initially. Surpassing it will extend the bearish wave towards 80.08$. The bearish channel continues to organize the expected bearish wave, and it is important to hold below 84.77$ and 85.80$ levels to achieve the suggested targets. Expected Trading Range Between the support at 82.00$ and the resistance at 85.00$.

Trend Forecast: Bearish