Brent oil price faces negative pressure – Analysis - 30-11-2022
Economies.com
2022-11-30 04:33AM UTC
Brent oil price ended yesterday with clear negativity to break 85.70 level, but it begins to build new bullish wave today, to hint heading to achieve more expected bullish correction in the upcoming sessions, and the price needs to surpass 85.70 followed by 86.20 levels to confirm opening the way to achieve additional gains that reach 87.25 followed by 88.65.
Therefore, we expect to witness positive trades in the upcoming sessions conditioned by the price stability above 84.60.
The expected trading range for today is between 84.00 support and 87.50 resistance.
The expected trend for today: Bullish
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