Midday update for Brent oil 29-11-2021
Economies.com
2021-11-29 10:15AM UTC
Brent oil price fluctuates near 75.20 level and keeps its stability below it until now, waiting to get negative momentum that assit to push the price to resume the expected bearish trend for the upcoming period, supported by the negative pressure coming by the EMA50, reminding you that our targets begin at 72.70 and extend to 69.60 after breaking the previous level.
The expected trading range for today is between 72.50 support and 76.00 resistance.
The expected trend for today: Bearish
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