Midday update for Brent oil 18-09-2020
Economies.com
2020-09-18 09:28AM UTC
Brent oil price trades negatively now after attempting to surpass 43.84 level, and it might lean on the correctional bullish channel’s support line before resuming the expected bullish trend for today.
In general, we will keep our positive overview on the intraday and short term basis unless breaking 43.00 and 42.75 levels and holding below them, reminding you that our next main target is located at 44.87.
The expected trading range for today is between 42.50 support and 45.00 resistance.
The expected trend for today: Bullish
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