Midday update for Brent oil 20-09-2018
Economies.com
2018-09-20 09:50AM UTC
Brent oil price shows tight trades since morning, settling above 79.00 level, getting continuous positive support by the EMA50, to keep the bullish trend active for today, noting that stochastic negativity interprets the reasons of the current tight fluctuation, waiting to breach 80.48 level to confirm extending the bullish wave towards 82.90, reminding you that holding above 77.90 is important to achieve the suggested targets.
Expected trading range for today is between 78.00 support and 81.50 resistance.
Expected trend for today: Bullish
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