Midday update for Brent oil 11-01-2019

Economies.com
2019-01-11 10:52AM UTC

Brent oil price trades with clear positivity now to move above 62.00 barrier, which supports the expectations of continuing the bullish trend for the rest of the day, as our next target is located at 63.95, noting that the EMA50 supports the suggestes bullish wave, which its conditions holding above 60.30.

 

Expected trading range for today is between 60.30 support and 63.00 resistance.

 

Expected trend for today: Bullish

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