Brent oil price keeps its negative stability – Analysis - 11-11-2019
Economies.com
2019-11-11 05:52AM UTC
Brent oil price opens today’s trading negatively after the rise that it witnessed in the previous sessions, motivated by the negative signal that appears clearly through stochastic, waiting for more decline today, reminding you that the next main target is located at 59.60.
Holding below 62.50 is important to continue the expected decline, as breaching it will lead the price to achieve additional gains that extend to reach 64.00 followed by 65.40.
The expected trading range for today is between 59.60 support and 62.50 resistance.
The expected trend for today: Bearish
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