Midday update for Brent oil 19-06-2019
Economies.com
2019-06-19 10:23AM UTC
Brent oil price shows negative trading now to move away from the EMA50, and it is expected to test the sideways range’s support line at 59.93, noting that the sideways move scenario still valid until the price confirms the mentioned support or breaching 62.92.
To review the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 60.00 support and 63.00 resistance.
The expected trend for today: Sideways
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