Brent oil prices have remained relatively stable since the morning, with no significant movement observed. As a result, the bearish trend scenario remains intact for today, contingent on the price staying below the $73.90 level. The primary target remains at $72.06, with further downside potential extending to $70.85 if the previous support level is breached.
The expected trading range for today is between $71.50 as support and $74.50 as resistance.
Trend Outlook: Bearish
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