Midday update for Brent oil 20-11-2023

Economies.com
2023-11-20 09:49AM UTC

Brent oil price keeps its stability below above 81.00 level, which keeps the bullish trend scenario valid and active for today, waiting to get positive motive that assist to push the price to achieve our positive targets that start at 82.25 followed by 83.87, noting that breaking 81.00 will stop the expected rise and force the price to turn to decline.

 

The expected trading range for today is between 80.20 support and 83.30 resistance.

 

The expected trend for today: Bullish

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