Midday update for Brent oil 14-01-2022
Economies.com
2022-01-14 11:34AM UTC
Brent oil price rallies upwards to reach 85.00$ barrier, waiting for more bullish bias to test 85.80 level that represents our next main target, to continue suggesting the bullish trend that moves organized inside the bullish channel that appears on the chart, supported by stochastic positivity, noting that holding above 83.00 is required to achieve the waited targets.
The expected trading range for today is between 82.70 support and 85.70 resistance.
The expected trend for today: Bullish
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