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Brent oil prices have shown little movement since this morning, although the stochastic indicator is gaining positive momentum. This development suggests a potential resumption of the anticipated bullish trend, with initial targets set at breaching $75.24 to pave the way towards a primary goal of $76.68. It is crucial for prices to remain above $73.97 to reach these targets.
Today’s expected trading range is between a support level of $73.70 and a resistance level of $76.70.
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