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Brent oil price forecast update 17-06-2024
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Brent oil price forecast update 17-06-2024
Jun 17, 2024 4:05 AM

Brent Oil Price Analysis Expected Scenario Brent oil price resumes its positive trades to move away from 82.40$ level, reinforcing the expectations of continuing the bullish trend for the rest of the day, noticing that stochastic approaches to overlap positively to add more support to the suggested positive scenario, which its next targets located at 83.70$ followed by 84.77$, while achieving them requires holding above 82.40$. Expected Trading Range Between 81.10$ support and 84.00$ resistance.

Trend Forecast: Bullish

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