Brent oil price continues to rise – Analysis – 24/06/2019

neft-l2Brent oil price provided clear positive trades in the previous sessions to approach 65.00$ barrier, as the positive effect of the double bottom pattern still active, waiting to visit 65.92 level that represents our next main target.

Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 63.30 and 62.92 levels, reminding you that breaching the targeted level will push the price towards 67.50 as a next main station.

The expected trading range for today is between 63.60 support and 66.50 resistance.

The expected trend for today: Bullish

Brent oil price continues to rise – Analysis - 24-06-2019

Origin: Economies

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