Brent oil may retest a support of $85.78 per barrel, a break below which could open the way towards $85.10.
The current correction may consist of three waves.
So far, only two have completed.
Brent oil may bounce into $85.10-$85.78 range
The wave c is expected to travel to $85.10, or a lower level of $84.68.
Resistance is at $86.87, a break above which may lead to a gain into $87.29-$87.97 range.
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