Midday update for Brent oil 10-12-2019

Economies.com
2019-12-10 10:35AM UTC

Brent oil price did not show any strong move since morning, to continue fluctuating around 63.60 level, thus, no change to the bullish trend scenario that depends on the price stability above 62.50, while our main waited target is located at 65.40.

 

The expected trading range for today is between 62.50 support and 65.40 resistance.

 

The expected trend for today: Bullish

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