Brent Oil Price Analysis Key Points: Brent oil price has resumed positive trading, finding support on the minor bullish channel's support line. Oversold signals from stochastic indicators support the bullish sentiment, indicating potential upward movement. Main targets for the bullish wave are at $91.35 and $92.35 levels. The EMA50 is reinforcing the suggested bullish wave, which remains valid unless the price breaks $87.67 and holds below it. Expected Trading Range: The anticipated trading range for today is between $87.00 (support) and $90.00 (resistance).

Trend Forecast: Bullish