Midday update for Brent oil 30-03-2023

Economies.com
2023-03-30 11:42AM UTC

Brent oil price shows clear positive trades now to attack 78.50 level and attempts to confirm breaching it, which supports the continuation of the expected bullish trend scenario for today efficiently, supported by the positive signals provided by stochastic, reminding you that our next main target is located at 80.50, taking into consideration that the price needs to build solid support base above 78.50 to guarantee the continuation of the suggested bullish wave.

 

The expected trading range for today is between 76.50 support and 79.60 resistance.

 

The expected trend for today: Bullish

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