Midday update for Brent oil 30-10-2020
Economies.com
2020-10-30 10:35AM UTC
Brent oil price shows bullish bias since morning, affected by stochastic positivity, which loses its positive momentum gradually, waiting to motivate the price to resume the expected bearish trend for today, which its next target located at 36.36, reminding you that it is important to hold below 39.25 and 40.23 levels to continue the suggested decline.
The expected trading range for today is between 37.00 support and 39.50 resistance.
The expected trend for today: Bearish
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