Midday update for Brent oil 17-11-2017
Economies.com
2017-11-17 10:28AM UTC
Brent oil price shows clear bullish bias now after testing 60.95 level this morning, to keep the bullish trend scenario valid for today, supported by stochastic move at the oversold areas, waiting to breach 62.35 level to ease the mission of heading towards our first main target at 64.63, while holding above 60.95 represents key condition to achieve the suggested targets.
Expected trading range for today is between 60.00 support and 64.00 resistance.
Expected trend for today: Bullish
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