BRENT

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BRENT

BRENT The strong stance on the oil side continues. The price has settled above many moving averages. In the near term, the 88.09 level can be followed as a target. It is an area that the price will primarily want to visit as a price imbalance zone border formed during a sharp decline. As long as it remains above 84.50, we will continue to have positive expectations for the price. Support: 84.50 – 82.60 Resistance: 86.15 – 88.09