Midday update for Brent oil 10-01-2022

Economies.com
2022-01-10 11:08AM UTC

Brent oil price continues to fluctuate at the bullish channel’s support line, and as long as the price is above 80.80, our bullish overview will remain valid and active for today, supported by the EMA50 that carries the price from below, noting that we are waiting to visit 84.55 as a next main target.

 

The expected trading range for today is between 80.20 support and 83.20 resistance.

 

The expected trend for today: Bullish

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