Midday update for Brent oil 18-07-2019

Economies.com
2019-07-18 09:24AM UTC

Brent oil price continues to fluctuate near 62.92 level and still above it until now, while stochastic continues to move inside the oversold areas, thus, no change to our bullish overview that depends on the price stability above the mentioned level, while our main targets located at 64.20 and extend to 65.92.

 

The expected trading range for today is between 62.50 support and 65.50 resistance.

 

The expected trend for today: Bullish

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