Midday update for Brent oil 05-03-2021
Economies.com
2021-03-05 11:12AM UTC
Brent oil price shows additional positive trades to move above 68.00 barrier, which reinforce the expectations of continuing the rise in the upcoming sessions, and the way is open to achieve our next waited target at 69.10, supported by the EMA50 that carries the price from below, reminding you that it is important to hold above 66.80 to continue the suggested positive scenario.
The expected trading range for today is between 66.00 support and 69.10 resistance.
The expected trend for today: Bullish
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