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Brent crude oil prices, negative pressure is anticipated in the coming sessions, with initial targets set below $78.80, potentially leading to a decline towards $77.00. The bearish trend is expected on both an intraday and short-term basis, reinforced by the price trading below the EMA50. However, a break above $80.65 could halt the anticipated decline and trigger a bullish phase, with targets around $82.15.
For today, the trading range is projected to be between $78.00 and $81.00.
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