Brent oil price begins with new positivity – Analysis - 18-10-2021
Economies.com
2021-10-18 04:22AM UTC
Brent oil price begins today with new bullish rally to touch our waited target at 85.40 and attempts to breach it, and the way seems open to achieve more gains on the longer term basis, noting that the next station is represented by the bullish channel’s resistance at 86.15.
Holding above 84.65 is important to continue the current bullish wave, and breaching the targeted level will push the price to visiti 88.00 areas as a next main station.
The expected trading range for today is between 84.00 support and 86.80 resistance.
The expected trend for today: Bullish
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