BRENT

Following the short-term supportive effect of the decline in US stocks during the week, profit taking came to the fore in oil futures with the environment provided by the strengthening dollar. With the continuation of the decline in the Asian session, we saw that the course below the short-term averages was strengthened. The course of European and US stock exchanges can be followed during the day. As long as the pricing remains below the 85.50 resistance in the upcoming period, a downward outlook may be at the forefront. In possible declines, 84.50 and 84.00 levels can be targeted. In possible recoveries, as long as the 85.50 resistance remains current, new downward potential may occur. Therefore, it may be necessary to see the course above 85.50 and 4-hour closings for the continuation of the upward desire. In this case, 86.00 and 86.50 levels may come to the agenda. Support: 84.50 – 84.00 Resistance: 86.00 – 86.50