Midday update for Brent oil 22-09-2021

Economies.com
2021-09-22 09:24AM UTC

Brent oil price shows more bullish bias to settle above 75.00$ barrier, which supports the expectations of continuing the bullish trend on the intraday and short term basis, depending on the price stability above 74.70 and 74.05 levels, noting that the EMA50 carries the price from below, to support the positive overview, which targets 77.80 as a next main station.

 

The expected trading range for today is between 74.00 support and 77.00 resistance.

 

The expected trend for today: Bullish

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