Midday update for Brent oil 23-04-2021
Economies.com
2021-04-23 10:40AM UTC
Brent oil price keeps its stability above 64.70 level, which keeps the bullish trend scenario active for today, and the price needs to get rid of its negative momentum to manage to resume the positive trades that target 69.00 followed by 70.00 levels mainly, noting that breaking 64.70 will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 64.20 support and 67.00 resistance.
The expected trend for today: Bullish
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