Midday update for Brent oil 18-03-2019

Economies.com
2019-03-18 10:46AM UTC

Brent oil price fluctuates at the EMA50 and moves above it, which keeps the bullish trend scenario valid as it is without any change for the rest of the day, depending on the price stability above 66.50, while our next main target is located at 72.65.

 

The expected trading range for today is between 66.00 support and 69.00 resistance.

 

The expected trend for today: Bullish

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