Midday update for Brent oil 16-12-2019
Economies.com
2019-12-16 10:29AM UTC
Brent oil price shows new positive trading in attempt to head towards our first waited positive target at 65.40, noticing that stochastic begins to provide positive overlapping signal now, which supports the chances of achieving more rise for the rest of the day, which depends on the price stability above 62.50, reminding you that breaching 65.40 will stop the way to achieve additional gains that extend to 68.95.
The expected trading range for today is between 63.00 support and 66.00 resistance.
The expected trend for today: Bullish
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