Midday update for Brent oil 12-12-2018
Economies.com
2018-12-12 10:37AM UTC
Brent oil price provides more positive trading, and the way seems open to test the sideways range’s resistance at 63.95 in the upcoming sessions, noting that the sideways track still dominant on the intraday trading until the price succeeds to breach the mentioned resistance or breaking 58.40 support.
The details of the expected targets after breaching the mentioned levels are explained in our morning report.
Expected trading range for today is between 58.40 support and 63.00 resistance.
Expected trend for today: Sideways
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