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Forecast update for Brent -20-02-2026
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Forecast update for Brent -20-02-2026
Mar 11, 2026 4:55 AM

Brent prices settles on strong losses in their last intraday trading, after it approached our expected target at $72.00, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend on short-term basis, with its trading alongside trend line, attempting to gather the gains of its previous rises, and offloading some of its overbought conditions on relative strength indicators, especially with the emergence of the negative signals from there, to gather its positive strength that might help it to rise again.

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