Midday update for Brent oil 17-09-2021

Economies.com
2021-09-17 09:17AM UTC

Brent oil price shows some slight bearish bias to approach testing 75.00 barrier, affected by stochastic negativity, and as long as the price is above 74.70, our bullish overview will remain valid for today, organized inside the bullish channel that appears on the chart, waiting to head towards 77.80 that represents our next main target.

 

The expected trading range for today is between 74.30 support and 77.00 resistance.

 

The expected trend for today: Bullish

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