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Brent oil price forecast update 26-04-2024
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Brent oil price forecast update 26-04-2024
Apr 26, 2024 4:21 AM

Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive trades to surpass 89.00$ barrier and settles above it. This reinforces the expectations of continuing the bullish trend in the upcoming sessions. We are waiting to visit 91.35$ followed by 92.35$ levels as next main targets. Holding above 87.67$ represents a key condition for the continuation of the bullish wave, as breaking it will put the price under the correctional bearish pressure again. Expected Trading Range Between 87.70$ support and 90.70$ resistance.

Trend Forecast: Bullish

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