Midday update for Brent Oil 16-02-2017
Economies.com
2017-02-16 11:43AM UTC
The tight range keeps dominating Brent oil price trading, which still stable above the main bullish channel's support, thus, no change on our overall bullish trend expectations that depends on holding above 55.70 level, while its targets begin by attacking 57.00 level to open the way to target 58.37 followed by 60.00 levels mainly.
Expected trading range for today is between 54.50 support and 58.37 resistance.
Expected trend for today: Bullish
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