BRENT OIL

The Brent Oil Price is now trading above the 59.25 key support level. As long as the price stays above 59.25 on a four hourly basis, the downward movement may be limited and we will follow the major resistance level at 60.54. On the other hand. If the price drops below 59.25, the next daily support level will be placed at 57.61.

Support : 59.25 - 57.61 - 56.47

Resistance : 60.54 - 61.69 - 63.13

01 Nov 19 (Fri)

08:35 am