Brent oil price begins positively – Analysis - 16-02-2021
Economies.com
2021-02-16 05:13AM UTC
Brent oil price shows new positive trades by today’s open, to resume the main bullish track, organized inside the bullish channels that appear on the chart, waiting to head towards 66.00 level that represents our next main target.
The EMA50 keeps supporting the expected bullish wave, which will remain valid unless breaking 62.75 and holding below it.
The expected trading range for today is between 62.50 support and 65.00 resistance.
The expected trend for today: Bullish
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