Midday update for Brent oil 14-12-2018
Economies.com
2018-12-14 10:55AM UTC
Brent oil price continues to decline calmly to start pressing on the EMA50, on its way for a potential visit to the sideways range’s support at 58.40, to keep the price confined inside this range that its resistance line located at 63.95, reminding you that we are waiting to surpass one of these levels to detect the next targets on the short term basis.
Expected trading range for today is between 59.00 support and 63.00 resistance.
Expected trend for today: Sideways
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