Midday update for Brent oil 20-08-2019
Economies.com
2019-08-20 09:42AM UTC
Brent oil price shows a slight bullish bias to approach from 59.93 level, as long as the price is below this level, so our bearish trend expectatios will remain valid for today, waiting for activating the negative effect of stochastic to assist to push the price towards our main expected target at 56.23.
The expected trading range for today is between 57.50 support and 60.50 resistance.
The expected trend for today: Bearish
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