Midday update for Brent oil 16-06-2021

Economies.com
2021-06-16 09:38AM UTC

Brent oil price trades negatively now, affected by stochastic negativity, and as long the price is above 73.60, our bullish overview will remain active for today, supported by the EMA50, reminding you that our next main target extends to 76.20.

 

The expected trading range for today is between 73.60 support and 76.20 resistance.

 

The expected trend for today: Bullish

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