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Forecast update for Brent -03-02-2026
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Forecast update for Brent -03-02-2026
Mar 11, 2026 2:43 AM

Brent prices fluctuated on their last intraday levels, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, the price is taking advantage of its leaning on bullish trendlines support on short-term basis, with the emergence of positive signals from relative strength indicators, after reaching oversold levels, which provides mixed signals, waiting for the price to exit sideways and tight range trading to detect the upcoming trend.

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