Brent oil price within tight track – Analysis - 24-04-2019
Economies.com
2019-04-24 04:28AM UTC
Brent oil price shows sideways and tight trades, settling above 74.00$ barrier, noticing that stochastic begins to get rid of its negative momentum clearly, waiting to get positive motive that assists to push the price to resume the main bullish trend.
Therefore, we will keep our bullish overview on the intraday and short term basis unless breaking 72.65 level and holding below it, reminding you that our main waited targets begin at 75.10 and extend to 79.50 after surpassing the previous level.
The expected trading range for today is between 73.00 support and 76.00 resistance.
The expected trend for today: Bullish
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