Midday update for Brent oil 10-08-2022
Economies.com
2022-08-10 09:27AM UTC
Brent oil price managed to break the bearish flag’s support line and settles below it, to activate the negative effect of this pattern and head to achieve more expected decline in the upcoming sessions, reminding you that our next targets begin at 95.90 and go further to 90.45, while achieving them requires holding below 100.25.
The expected trading range for today is between 96.00 support and 100.50 resistance.
The expected trend for today: Bearish
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