Brent oil is stable – Analysis – 20/06/2018

Brent_newsBrent oil price continues to fluctuate within sideways track and keeps its stability inside the bearish channel that appears on the chart, and as long as the price is below 76.47, our bearish overview will remain active, waiting to break 74.00 level to confirm extending the bearish wave towards 72.00 that represents our next main target.

Expected trading range for today is between 73.00 support and 76.47 resistance.

Expected trend for today: Overall Bearish

Brent oil is stable – Analysis - 20-06-2018

Origin: Economies

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