Midday update for Brent oil 20-01-2023

Economies.com
2023-01-20 10:35AM UTC

Brent oil price provides new positive trades to approach 87.00 barrier, reinforcing the expectations of continuing the bullish trend for the rest of the day, and we believe that the way is open to achieve our main waited target at 88.20, while the continuation of the bullish wave conditions holding above 85.10 and the most important above 84.40.

 

The expected trading range for today is between 85.00 support and 88.50 resistance.

 

The expected trend for today: Bullish

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