Midday update for Brent oil 12-07-2018

Economies.com
2018-07-12 09:05AM UTC

Brent oil price settles above 74.00 level, which keeps our bullish overview valid for today, supported by stochastic current positivity, waiting to visit 76.47 level as a first main station, noting that holding above 74.00 represents key condition to continue the expected rise.

 

Expected trading range for today is between 73.00 support and 76.80 resistance.

 

Expected trend for today: Bullish

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