Brent Oil Price Analysis Expected Scenario Brent oil price breaches 84.77$ level, closing above it. Expectations for continuing bullish trend on intraday and short-term basis. Targets: 85.80$ and 87.67$ following the breakthrough. Supporting Factors EMA50 support reinforces bullish trend expectations.
Breaking below 84.77$ would shift sentiment to bearish.
Expected Trading Range for Today Between the support 84.20$ and the resistance 87.00$.
Trend Forecast: Bullish