BRENT

BRENT Oil had lost its rising bottom form. In line with our expectations, it fell to 82.60. Buyers who stepped in the region could not carry the price above the averages. The momentum was cut again and the price was pulled back to 82.60. The region seems to have been lost. The price may continue to decline towards the 78 band. Support: 77.70 Resistance: 82.60 - 84.40 - 86.15