Brent oil price forecast update 23-11-2024

2024-11-23 011:00 AM UTC

Brent oil price resumes its positive trading clearly to approach our waited target at 75.36$, and we believe that the way is open to surpass this level to achieve additional gains that extend to 76.84$ on the near-term basis.

Therefore, the bullish trend will remain valid and active for the upcoming period, reminding you that it is important to hold above 73.90$ to achieve the suggested targets.

The expected trading range for today is between 73.20$ support and 76.20$ resistance.

Trend forecast: Bullish