Midday update for Brent oil 09-01-2019

Economies.com
2019-01-09 10:49AM UTC

Brent oil price continues to rise to start testing 60.00 level, reinforcing the expectations of achieving more gains in the upcoming period, as we are waiting to visit 61.20 followed by 63.95 levels as next main targets, reminding you that the continuation of the bullish wave conditions holding above 56.91.

 

Expected trading range for today is between 58.50 support and 61.00 resistance.

 

Expected trend for today: Bullish

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