Midday update for Brent oil 17-02-2021

Economies.com
2021-02-17 10:43AM UTC

Brent oil price trades positively now to exit the sidways range that dominated the recent trades, which supports the continuation of the bullish trend scenario efficiently for the rest of the day, paving the way to head towards our main waited positive target at 66.00, reminding you that holding above 62.20 and 61.30 is important to continue the expected rise.

 

The expected trading range for today is between 62.20 support and 65.00 resistance.

 

The expected trend for today: Bullish

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