Midday update for Brent oil 15-08-2019

Economies.com
2019-08-15 09:20AM UTC

Brent oil price resumes its negative trading now, keeping the bearish trend scenario valid as it is for today, depending on the stability below 59.93 level, supported by the negative pressure that comes from the EMA50, reminding you that our next main target is located at 56.23.

 

The expected trading range for today is between 57.00 support and 60.00 resistance.

 

The expected trend for today: Bearish

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