Midday update for Brent oil 07-04-2020

Economies.com
2020-04-07 10:37AM UTC

Brent oil price shows bullish bias now on its way to visit 34.95 level, getting positive overlapping signal by stochastic that we are waiting to assist to push the price to achieve more rise for the rest of the day, to keep the bullish trend valid and active for the upcoming sessions, reminding you that our next main target reaches 36.00, while achieving it conditions holding above 32.50.

 

The expected trading range for today is between 32.50 support and 36.00 resistance.

 

The expected trend for today: Bullish

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