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Brent oil set to test resistance at $97.95

TradingView says Brent oil ICEEUR:BRN1! may test resistance at $97.95 per barrel. A break above could lift gains toward $102.62, with recent price rising above $94.18 wedge resistance.

BRN

Brent oil ICEEUR:BRN1! may test a resistance at $97.95 per barrel, a break above could lead to a gain to $102.62.The contract has climbed above a wedge and a resistance at $94.18.

The wedge indicates a target around $117.

Wave pattern suggests the progress of a wave C from $78.20, which is expected…