Brent Oil Price Analysis Expected Scenario Brent oil price shows weak trades since morning, thus, no change to the expected bearish trend scenario for today, supported by the EMA50, which targets 80.08$ as a next station, reminding you that breaking it will push the price towards 78.50$, while the price needs to hold below 82.45$ and 83.35$ levels to guarantee the continuation of the expected decline. Expected Trading Range Between 80.00$ support and 82.60$ resistance.

Trend Forecast: Bearish