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Brent oil price negotiates the support – Forecast today - 14-06-2024
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Brent oil price negotiates the support – Forecast today - 14-06-2024
Jun 13, 2024 10:02 PM

Brent Oil Price Analysis Expected Scenario Brent oil price shows mixed trades since yesterday, and continues to fluctuate around 82.40$, waiting to resume the expected bullish wave on the intraday basis, which targets 83.70$ followed by 84.77$ levels as next main stations, supported by stochastic positivity that appears clearly now. Note that the continuation of the bullish trend requires holding above 82.40$, as breaking it will push the price to turn to decline and head to achieve negative targets that start at 81.20$ followed by 80.08$. Expected Trading Range Between 81.10$ support and 84.00$ resistance

Trend Forecast: Bullish

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