Midday update for Brent oil 14-01-2019

Economies.com
2019-01-14 10:28AM UTC

Brent oil price crawls downwards gradually to move below 60.00 barrier, reinforcing the expectations of continuing the bearish trend on the intraday basis, which targets testing 56.91 level mainly, noting that the continuation of the bearish wave depends on the stability below 61.60.

 

Expected trading range for today is between 58.00 support and 61.00 resistance.

 

Expected trend for today: Bearish

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