Midday update for Brent oil 23-04-2019

Economies.com
2019-04-23 10:25AM UTC

Brent oil price keeps rising gradualy to crawl towards our waited target at 75.10, therefore, the bullish trend will remain the dominant in the upcoming sessions, conditioned by holding above 72.65 level, supported by the EMA50, reminding you that braeching the targeted level will push the price to 79.50 on the short term basis.

 

The expected trading range for today is between 73.00 support and 76.50 resistance.

 

The expected trend for today: Bullish

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