Midday update for Brent oil 20-03-2019

Economies.com
2019-03-20 10:32AM UTC

Brent oil price shows sideways and tight trades since morning and settles above the EMA50, thus, no change to our bullish overview that depends on the price stability above 67.00, supported by stochastic positivity, noting that our next main target extends to reach 72.65.

 

The expected trading range for today is between 66.50 support and 69.50 resistance.

 

The expected trend for today: Bullish

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