Midday update for Brent oil 20-01-2022

Economies.com
2022-01-20 10:43AM UTC

Brent oil price shows slight positive trades now in attempt to resuming the expected bullish trend for today, supported by stochastic positivity, waiting to head towards 88.80 that represents our next station, reminding you that the continuation of the bullish wave requires holding above 86.35 and 85.80 levels.

 

The expected trading range for today is between 86.35 support and 89.20 resistance.

 

The expected trend for today: Bullish

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