Midday update for Brent oil 24-04-2019

Economies.com
2019-04-24 09:43AM UTC

Brent oil price did not show any strong move since morning, showing some slight positive attempts, supported by the oversold signals that appear through stochastic, waiting to achieve our main positive targets that we expect to start at 75.10 and extend to 79.50 on the near term basis, while holding above 72.65 represents key condition to continue the expected rise.

 

The expected trading range for today is between 73.00 support and 76.00 resistance.

 

The expected trend for today: Bullish

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