Midday update for Brent oil 10-07-2019

Economies.com
2019-07-10 10:49AM UTC

Brent oil price resumes its positive trading to approach from our waited target at 65.92, and we expect the continuation of the bullish bias to breach this level and open the way towards reaching for more of the positive targets, waiting for visiting 67.70 level as a next main station.

 

Therefore, the bullish trend will remain valid for today unless breaking 62.92 level and holding below it.

 

The expected trading range for today is between 64.00 support and 66.40 resistance.

 

The expected trend for today: Bullish

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