Midday update for Brent oil 21-10-2021

Economies.com
2021-10-21 09:56AM UTC

Brent oil price tests the key support base 84.35, this level represents the protection factor to the continuation of the expected positive scenario for today, as breaking it will put the price under negative pressure that its main target reach 81.90, while the price needs to get positive momentum that assist to push the price to resume the bullish trend that its next target extends to 87.40.

 

The expected trading range for today is between 84.00 support and 86.70 resistance.

 

The expected trend for today: Bullish

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