Brent oil price attempted to rise but it declines again to keep the correctional bearish scenario active for today, waiting to visit 79.404 as a first station, which breaking it represents the key to extend the bearish wave towards 77.83$ areas.

 

Therefore, our bearish overview will remain valid and active unless breaching 81.00$ and holding above it.

 

The expected trading range for today is between 78.40$ support and 81.40$ resistance.

 

Trend forecast: Bearish