Midday update for Brent oil 22-09-2023

Economies.com
2023-09-22 10:33AM UTC

Brent oil price resumes its positive trading to approach our first waited target at 94.80, waiting for more rise to visit the recently recorded high at 96.05 as a next main target.

 

The EMA50 continues to support the expected rise, which will remain valid unless breaking 92.74 and holding with a daily close below it.

 

Advertistment

The expected trading range for today is between 92.74 support and 95.70 resistance.

 

The expected trend for today: Bullish

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