Midday update for Brent oil 27-06-2022
Economies.com
2022-06-27 09:29AM UTC
Brent oil price shows some bearish bias to hint heading to decline in the upcoming sessions, motivated by stochastic negativity, making the bearish bias suggested for today conditioned by the price stability below 110.10, supported by the negative pressure formed by the EMA50, noting that our main waited target is located at 105.05.
The expected trading range for today is between 106.50 support and 112.20 resistance.
The expected trend for today: Neutral
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