ANALYSIS
NQ100 Finds Support from PPIApr 14
Brent Oil Heads Towards to Recover its Losses
We see that brent oil prices are trying to recover as a result of the expectations for the relaxation of the coronavirus restrictions in China, which is the world's largest oil importer, and the moderate decreases in the US dollar. Technically, brent oil, which is seen to have left the channel behind at a minor level and tended to recover its losses, is likely to bring up the 96.65 resistance if it rises above the 95.25 level with permanent closures. In possible downward movements, 92.50 and 91.00 supports can be followed.
