Brent

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Brent

BRENT Oil is trading above the 4-hour moving average support. The price's upward momentum will be maintained above 86.20. 87.30 level can be followed as a major resistance on the daily. In the loss of 86.20, a lower support level can be followed as 84.80. Support: 86.20 – 84.80 Resistance: 87.30 – 88.50