Daily Analysis: UKOIL ( Sep 30 2022 )

Brent price soared to 90.10 level yesterday to test the bearish channel’s resistance. Above 90.70, the bullish overview could be taken into consideration. Today, eyes the PCE core deflator. The expected trading range for today is between 86.10 support and 90.10 resistance.

Support: 86.10 – 85.00 – 83.60

Resistance: 90.10 – 90.70 – 92.80