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Brent oil prices are currently exhibiting a slight bearish trend as they approach the $73.90 level. A decisive break below this threshold could pave the way for a decline towards the next significant target at $72.06. Conversely, if prices manage to breach the resistance level at $75.36, this would negate the anticipated downward movement and potentially shift the trend to an upward trajectory.
The expected trading range for today is between a support level of $73.00 and a resistance level of $76.00.
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Trend Forecast: Bearish
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