BRENT

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BRENT

Oil futures followed a calm course in the US and UK over the weekend as attacks against the Houthis continued. Following the many attacks, the organization announced that there would be counter-attacks. The course of European and US stock markets and developments in the Middle East will be monitored during the day. As long as prices remain at and below the 77.50-78.00 resistance level in the upcoming period, a downward trend may be at the forefront. In possible declines, the 77.00 and 76.50 levels may be targeted. As long as possible recoveries are limited to the 78.50-79.00 resistance level, new downward potential may occur. Therefore, it may be necessary to see a course above 79.00 and hourly closings for the continuation of the upward desire. In this case, the 80.50 and 81.00 levels may come to the agenda. Support: 76.50 Resistance: 79.00