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Brent crude oil prices have exceeded the anticipated target of $80.65, closing above this level and reinforcing the expectation of a continued bullish trend in the short term. The next target for the price is set at $82.15. However, current negative readings on the Stochastic indicator may lead to temporary sideways movements before the anticipated upward trend resumes. This positive outlook remains contingent on Brent oil staying above the $80.65 mark.
For today, the expected trading range is between $79.80 as support and $82.75 as resistance.
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