Midday update for Brent oil 14-06-2019
Economies.com
2019-06-14 10:36AM UTC
Brent oil price shows calm negative trades now to approach testing 59.93 level, while the sideways move scenario still valid between the mentioned support and 62.92 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect its next track clearly.
To review the importance of the mentioned levels and the expected targets after the breach, please check our previous report.
The expected trading range for today is between 59.00 support and 63.00 resistance.
The expected trend for today: Sideways
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