Midday update for Brent oil 09-03-2021
Economies.com
2021-03-09 10:46AM UTC
Brent oil price keeps its stability above 67.90 level, trading with new positivity to approach 69.20 level, waiting for more rise to surpass this level and confirm rallying towards our positive targets that start at 71.35 and extend to 73.35.
In general, the bullish trend scenario will remain valid and active for the upcoming sessions unless breaking 67.90 and holding below it.
The expected trading range for today is between 67.50 support and 70.80 resistance.
The expected trend for today: Bullish
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