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Brent oil prices are exhibiting new positive movements, breaking away from the $86.00 barrier. This development supports the continuation of the anticipated bullish trend in the intraday and short-term outlook. The next target is $87.67, and surpassing this level is crucial for a rally towards the main target of $89.50.
As a result, we maintain our bullish outlook for the upcoming period, emphasizing the importance of holding above $84.77 to reach the projected targets.
Today’s expected trading range is between $85.20 support and $88.20 resistance.
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Brent Oil Holds Firm Above Key Support Amid Bullish Outlook
Brent Oil Price Holds Above Key Support Amid Positive Signals
