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Brent crude oil prices saw a significant surge yesterday, breaking the $73.90 mark and closing above it, setting the stage for further gains in the coming sessions. Analysts are now targeting a potential rise toward the $75.36 level.
The bullish trend remains intact for today, with expectations of continued upward movement. However, a drop below the $73.90 support level could reverse the positive outlook, shifting the market sentiment toward a more bearish tone.
The anticipated trading range for Brent crude today is between $72.80 on the downside and $75.80 on the upside.
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