Midday update for Brent oil 13-08-2019
Economies.com
2019-08-13 09:09AM UTC
The tight range continues to dominate Brent oil price trades, thus, no change to the bearish trend scenario that depends on the price stability below 59.93, supported by stochastic and the EMA50 negativity, waiting to resume the bearish bias that its targets begin by testing 56.23 level.
The expected trading range for today is between 56.23 support and 59.50 resistance.
The expected trend for today: Overall Bearish
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