Midday update for Brent oil 15-08-2018
Economies.com
2018-08-15 09:35AM UTC
Brent oil price begins the breaking process to 72.00 level to move below it now, which supports the continuation of our bearish overview efficiently for today, which its next target located at 70.00, noting that breaking the mentioned level will push the price towards 67.50 direct, while the expected decline will remain valid unless breaching 74.00 level and holding with a daily close above it.
Expected trading range for today is between 70.00 support and 73.50 resistance.
Expected trend for today: Bearish
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