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Brent oil prices are currently trending upward, approaching the anticipated target of $78.66. Analysts suggest that a breach of this level could pave the way for further gains, potentially reaching $80.00 in the near term. The bullish trend remains valid, provided prices remain above the support level of $76.84 throughout the day.
Today’s expected trading range is set between a support level of $76.40 and a resistance level of $79.40.
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Trend Forecast: Bullish
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