Midday update for Brent oil 23-01-2020
Economies.com
2020-01-23 10:07AM UTC
Brent oil price shows some bullish bias on its way towards potential test to 62.50, and as long as the price below this level, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 59.60.
The expected trading range for today is between 61.00 support and 62.50 resistance.
The expected trend for today: Bearish
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