Midday update for Brent oil 24-10-2018
Economies.com
2018-10-24 10:25AM UTC
Brent oil price provided clear negative trades this morning to come few pips away from our waited target at 75.00, and the bearish trend still dominant for today as long as the price is below 76.56, supported by the negative pressure formed by the EMA50, noting that breaking 75.00 will push the price to head towards 74.20 direct.
Expected trading range for today is between 75.00 support and 78.49 resistance.
Expected trend for today: Bearish
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