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Brent crude oil prices closed below the key $73.00 mark, signaling a potential continuation of the bearish trend. The price is expected to test the $72.06 level, with a break below this support potentially extending the decline towards $71.15, followed by a move to $70.00.
Market analysts suggest that the bearish outlook will persist as long as prices remain below $73.90.
For today, the anticipated trading range is between a support level at $71.00 and a resistance level at $74.00.
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