Midday update for Brent oil 05-12-2022

Economies.com
2022-12-05 10:50AM UTC

Brent oil price trades with clear positivity to attack the bullish flag’s resistance that appears on the chart, which supports the continuation of the expected bullish trend scenario for today, which targets 88.67 as a next main station, reminding you that holding above 85.70 is important to achieve the waited targets.

 

The expected trading range for today is between 85.20 support and 89.00 resistance.

 

The expected trend for today: Bullish

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