Midday update for Brent oil 14-11-2018
Economies.com
2018-11-14 10:30AM UTC
Brent oil price provides some positive trading to move above 66.00 level now, but the overall negative scenario still valid as long as the price is below 66.85 level, noting that breaking 63.95 will push the price to suffer more losses that reaches 60.00 as a next main station, noting that the EMA50 supports the expectations to decline.
Expected trading range for today is between 63.50 support and 66.85 resistance.
Expected trend for today: Bearish
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