Brent crude oil prices are demonstrating a bullish trend as they move closer to the anticipated target of $76.84. Analysts suggest that a breach of this level could lead to further upward movement, with potential targets extending to $78.66. Maintaining a position above $75.36 is crucial for sustaining this bullish momentum in the near term.
For today, the expected trading range is set between a support level of $74.80 and a resistance level of $77.80.
Trend Forecast: Bullish
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