Midday update for Brent oil 14-01-2021
Economies.com
2021-01-14 10:24AM UTC
Brent oil price presses on the key support 55.78, and as we mentioned this morning, breaking this level will push the price to achieve more bearish correction in the upcoming sessions, and the price needs to consolidate above this level to keep the bullish trend scenario active for today, reminding you that our waited targets begin at 57.77 and extend to 60.65 after surpassing the previous level.
The expected trading range for today is between 55.00 support and 57.77 resistance.
The expected trend for today: Bullish
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