Midday update for Brent oil 16-04-2019

Economies.com
2019-04-16 09:46AM UTC

Brent oil price did not show any strong move since morning, to continue fluctuating around 71.00 level, thus, no change to the bullish trend scenario that depends on the price stability above 70.35, while its next main target located at 72.65.

 

The expected trading range for today is between 70.00 support and 73.00 resistance.

 

The expected trend for today: Bullish

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