Midday update for Brent oil 24-09-2021

Economies.com
2021-09-24 10:31AM UTC

Brent oil price settles near 77.80 level, getting continuous support by the EMA50, waiting to breach the mentioned level to confirm rallying towards 79.50 that represents our next main target, noting that the continuation of the bullish wave requires holding above 75.55 and the most important above 74.70.

 

The expected trading range for today is between 76.00 support and 79.00 resistance.

 

The expected trend for today: Bullish

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