The price of Brent Crude in heading in the direction of 77.2471. Despite the recent breakout through 75.2730 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Related Posts
Will Gold Spot break through the resistance level it tested before?
Gold Spot is moving towards a resistance line. Because we have seen it retrace from this level in…
After testing the support line numerous times, US Oil is once again approaching this line. Can we expect a bearish trend to follow?
US Oil is moving towards a support line which it has tested numerous times in the past. We…
Brent Crude heading towards a price it has tested 3 times in the recent past.
Brent Crude is heading towards 64.6840 and could reach this point within the next 5 hours. It has…