Midday update for Brent oil 26-09-2023
Economies.com
2023-09-26 10:10AM UTC
Brent oil price achieved a clear break to 92.74 level and closed the last four hours candlestick below it, reinforcing the expectations for the bearish trend expectations efficiently in the upcoming sessions, opening the way towards 90.70 as a next main target, being aware that holding below 92.74 represents the initial condition for the continuation of the expected decline.
The expected trading range for today is between 91.30 support and 94.40 resistance.
The expected trend for today: Bearish
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