Midday update for Brent oil 12-08-2022
Economies.com
2022-08-12 09:09AM UTC
Brent oil price trades positively to attempt to breach 102.25 level, to hint the attempt to activate the positive scenario, but we need a daily close above this resistance or below 100.70 support to confirm the next trend clearly.
Therefore, we will continue with our neutrality until now, and you can review the expected targets after breaching the mentioned levels through our morning report.
The expected trading range for today is between 99.50 support and 104.00 resistance.
The expected trend for today: Depends on the above mentioned levels
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