Midday update for Brent oil 26-08-2019
Economies.com
2019-08-26 09:28AM UTC
Brent oil price shows a positive trading now in its way for a potential test to 59.93 level, and the price needs to settle below this level, to keep the bearish trend scenario valid in the upcoming period, supported by the EMA50, waiting for heading to 56.23 level that represents our next main target.
The expected trading range for today is between 56.50 support and 59.90 resistance.
The expected trend for today: Bearish
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