Midday update for Brent oil 11-06-2019
Economies.com
2019-06-11 10:31AM UTC
Brent oil price shows slight negative trading on its way to resume the expected bearish wave for today, and we believe that the way is open to achieve our next negative target at 59.93, and the EMA50 continues to support the decline expectations, while holding below 62.92 represents key condition to achieve the waited targets.
The expected trading range for today is between 60.00 support and 63.00 resistance.
The expected trend for today: Bearish
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