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Brent crude may test support at $94.18 per barrel

Brent oil may test support at $94.18 per barrel after failing to break a resistance at $97.95, according to TradingView News.

BRN

Brent oil ICEEUR:BRN1! may test a support at $94.18 per barrel, following its failure to break a resistance at $97.95.A wave C from $78.20 may either end around this resistance or extend to $110.16.

Although the failure to climb above this barrier does not necessarily mean a completion of the wave…