Midday update for Brent oil 25-01-2022
Economies.com
2022-01-25 10:15AM UTC
Brent oil price shows some bullish bias now to head towards potential test to the key resistance 86.70, and as long as the price is below this level, our bearish overview will remain valid and active for today, as breaching this level will push the price to achieve additional gains that start by testing 88.80 areas, while the first expected negative target is located at 84.20.
The expected trading range for today is between 84.00 support and 87.00 resistance.
The expected trend for today: Bearish
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