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Brent oil price gathers the positive momentum – Forecast today - 13-06-2024
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Brent oil price gathers the positive momentum – Forecast today - 13-06-2024
Jun 12, 2024 10:01 PM

Brent Oil Price Analysis Expected Scenario Brent oil price ended yesterday above 82.40$ level, to support the continuation of the expected bullish trend for the upcoming period, noticing that stochastic gains the positive momentum clearly to reinforce the positive overview, waiting to head towards 83.70$ followed by 84.77$ levels as next main targets. On the other hand, we should note that breaking 82.40$ and holding below it will stop the expected rise and put the price under negative pressure that its targets begin by testing 81.20$ areas. Expected Trading Range The expected trading range for today is between 81.10$ support and 84.00$ resistance.

Trend Forecast: Bullish

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