Midday update for Brent oil 06-09-2019
Economies.com
2019-09-06 10:31AM UTC
Brent oil price keeps its stability above 59.93 level, keeping the bullish trend scenario active for today, supported by stochastic reach to the oversold levels, besides the EMA50 that carries the price from below, waiting for resuming the bullish bias that targets 62.92 level as a next main station.
The expected trading range for today is between 59.50 support and 62.92 resistance.
The expected trend for today: Bullish
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