Brent oil price approaches the target – Forecast today - 26-03-2024
Economies.com
2024-03-26 02:16AM UTC
Brent Oil Price Analysis
- Brent oil price provided clear positive trades, nearing the first awaited target at 87.40$.
- Despite current stochastic negativity, the price starts today with a bullish bias to resume the expected trend.
- Surpassing 87.40$ will push the price towards 88.40$ as the next positive station.
Support and Resistance Levels:
- Support: 85.60$
- Resistance: 88.60$
Trend Forecast: Bullish
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