Midday update for Brent oil 22-10-2018
Economies.com
2018-10-22 09:40AM UTC
Brent oil price shows new test to 80.43 level and keeps its stability below it, to keep the bearish trend scenario valid for today, depending on the price stability within the bearish channel that appears on the chart, supported by the EMA50, noting that our waited targets begin at 78.49 and extend to 76.56 after breaking the previous level.
Expected trading range for today is between 78.00 support and 81.00 resistance.
Expected trend for today: Bearish
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