Brent Crude has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 79.3956 may materialize within the next 2 days.
Brent Crude has broken through resistance of a Triangle. It has touched this line at least twice in the last 7 days.
