Midday update for Brent oil 19-10-2021
Economies.com
2021-10-19 09:40AM UTC
Brent oil price is retesting the broken intraday bullish trend line and still below it, and as long as the price is below 84.35, the bearish trend scenario will remain active for today, which targets 81.15 mainly, while breaching 84.35 represents the key to rally towards 86.65 as a first positive target.
The expected trading range for today is between 82.30 support and 85.00 resistance.
The expected trend for today: Bearish
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