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Brent oil price forecast update 28-05-2024
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Brent oil price forecast update 28-05-2024
May 28, 2024 3:47 AM

Brent Oil Price Analysis Expected Scenario Brent oil price fluctuates above the 83.00$ barrier, getting positive support by the EMA50, to keep our bullish overview for today. The target is 84.77$ as the next positive station. Breaking 82.45$ will put the price under negative pressure and return to the correctional bearish channel again. Expected Trading Range The expected trading range for today is between 82.10$ support and 85.10$ resistance.

Trend Forecast: Bullish

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