Midday update for Brent oil 08-04-2021
Economies.com
2021-04-08 09:18AM UTC
Brent oil price continues to fluctuate around 62.95, which represents the first protection factor to the continuation of the expected bearish trend for today, supported by stochastic and the EMA50 negativity, waiting to resume the negative trades that target 60.30 followed by 57.75 levels as next main stations.
The expected trading range for today is between 61.30 support and 64.00 resistance.
The expected trend for today: Bearish
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