Midday update for Brent oil 21-10-2019
Economies.com
2019-10-21 10:09AM UTC
Brent oil price resumes its negative trading clearly now to break 58.80 level and settles below it, supporting the continuation of our bearish trend expectations efficiently for the rest of the day, easing the way towards 56.00 that represents our initial main target, reminding you that holding below 59.60 level is important for the continuation of the expected decline.
The expected trading range for today is between 57.00 support and 60.00 resistance.
The expected trend for today: Bearish
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