Midday update for Brent oil 10-12-2018

Economies.com
2018-12-10 10:51AM UTC

Brent oil price fluctuates around the EMA50, and it’s still within the sideways range that appears on the chart, to continue suggesting the sideways move until managing to breach one of this range represented by 58.40 support and 63.95 resistance followed by detecting the next destination clearly.

 

Expected trading range for today is between 60.00 support and 63.95 resistance.

 

Expected trend for today: Sideways

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