Midday update for Brent oil 10-10-2019
Economies.com
2019-10-10 10:28AM UTC
Brent oil price shows sideways trading since morning, as long as the price is below 59.60, so our bearish trend expectations will remain valid for today, depending on breaking the bullish trend line that appears in the image, supported by the negative pressure that comes from the EMA50, reminding you that our targets begin at 56.00 and extend to 54.00 as a next main target.
The expected trading range for today is between 56.00 support and 59.00 resistance.
The expected trend for today: Bearish
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