Brent oil price within sideways track – Analysis - 20-04-2021

Economies.com
2021-04-20 01:04AM UTC

The sideways range continues to dominate Brent oil price trades, thus, no change to the bullish trend scenario that targets 69.00 followed by 70.00 levels as next main stations, supported by the EMA50, reminding you that the expected rise depends on the price stability above 65.15.

 

The expected trading range for today is between 66.00 support and 68.70 resistance.

 

The expected trend for today: Bullish

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