Midday update for Brent oil 17-06-2021

Economies.com
2021-06-17 10:04AM UTC

Brent oil price resumes its positive trading clearly to move above 74.00 barrier, reinforcing the expectations of continuing the main bullish trend, motivated by stochastic positivity, waiting to head towards 76.20 that represents our next target, reminding you that the expected bullish trend conditions holding above 73.60 and the most important above 72.95.

 

The expected trading range for today is between 72.60 support and 75.70 resistance.

 

The expected trend for today: Bullish

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