Brent oil price trades negatively to approach our first waited target at 78.49, to keep the bearish bias dominant in the upcoming sessions, reminding you that breaking this level will push the price towards 76.56 as a next main target, while holding below 80.43 represents the most important condition to achieve the suggested targets.
Expected trading range for today is between 77.50 support and 80.43 resistance.
Expected trend for today: Bearish