Midday update for Brent oil 24-01-2020
Economies.com
2020-01-24 11:17AM UTC
Brent oil price shows calm negative trades that hint the price head to resume the expected bearish trend for today, supported by stochastic reach to the overbought areas, besides the negative pressure formed by the EMA50, reminding you that our next target is located at 59.60, while achieving it conditions holding below 62.50.
The expected trading range for today is between 59.60 support and 62.50 resistance.
The expected trend for today: Bearish
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