Midday update for Brent oil 25-05-2022

Economies.com
2022-05-25 09:07AM UTC

Brent oil price fluctuates within tight track since morning, and as long as the price is above 110.05, our bullish overview will remain active, which gets continuous support by the EMA50, waiting to get enough positive momentum to push the price to head towards our main expected target at 115.10.

 

The expected trading range for today is between 110.05 support and 115.50 resistance.

 

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The expected trend for today: Bullish

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