Midday update for Brent oil 11-12-2019
Economies.com
2019-12-11 10:39AM UTC
Brent oil price shows a bullish bias now as a signal for the price head to resume the expected bullish trend for today, getting a positive signal by stochastic, waiting for more of the upside moves in the upcoming sessions, and we believe that the way is open for achieving our next main target at 65.40, while holding above 62.50 represents an important condition for achieving it.
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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