Midday update for Brent oil 20-02-2019
Economies.com
2019-02-20 11:14AM UTC
Brent oil price continues to fluctuate inside the minor bearish channel, waiting to breach this channel’s resistance to activate the positive effect of ths bullish flag pattern that we are waiting to assist to push the price towards our next target at 68.00.
Therefore, we will keep our bullish overview for today conditioned by the price stability above 63.95.
The expected trading range for today is between 65.40 support and 68.50 resistance.
The expected trend for today: Bullish
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