Midday update for Brent oil 27-01-2023

Economies.com
2023-01-27 10:40AM UTC

Brent oil price managed to touch our waited target at 88.20 and attempts to breach it, to reinforce the chances of continuing the bullish bias in the upcoming sessions and pave the way to achieve additional gains that reach 89.90, to keep the bullish trend active for today unless breaking 86.90 and holding below it.

 

The expected trading range for today is between 86.00 support and 89.50 resistance.

 

The expected trend for today: Bullish

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