Brent

image

Brent

BRENT OIL accelerated as it passed the EMA200 barrier in line with our expectations. It quickly advanced to the SMA500 average resistance. If the price can exceed the 86.40 level, it will accelerate. It will try to repair imbalance by going around $88. Support: 85.40 – 84.90 Resistance: 86.40 – 88.00