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Brent Crude Oil 25.3.2025
General Trend:
Price is extending its uptrend, having broken above the 73.37 level, and is now approaching the next resistance at 73.70.
Expected Scenario:
Bullish Scenario:
- Continued momentum above 73.37 may lead to a test of 73.70.
- A breakout above 73.70 opens the path toward 74.50.
Bearish Scenario:
- Failure to hold above 73.37 may trigger a pullback toward 72.46.
- A break below 72.46 could deepen the decline toward 71.80.
Key Levels:
Resistances: 73.37 – 73.70 – 74.50
Supports: 72.46 – 71.80 – 70.60
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