Midday update for Brent oil 28-01-2020

Economies.com
2020-01-28 11:48AM UTC

Brent oil price begins providing calm negative trading as a signal for the price head to resume the expected bearish track for today, keeping our bearish trend expectations that targets testing 56.00 level mainly, reminding you that the continuation of the suggested bearish wave is conditioned by 

holding below 59.60 level.

 

The expected trading range for today is between 56.50 support and 59.60 resistance.

 

The expected trend for today: Bearish

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