Brent oil price achieves the first positive target – Analysis - 19-08-2022
Economies.com
2022-08-19 04:19AM UTC
Brent oil price soared yesterday and reached 99.00 barrier, to support the expectations of continuing the bullish trend in the upcoming sessions, and we expect to visit 100.00 as a next station, and breaching it will push the price to 102.25 direct.
Therefore, the bullish trend scenario will remain valid and active as long as 95.70 level remains intact.
The expected trading range for today is between 96.00 support and 100.00 resistance.
The expected trend for today: Bullish
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