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Brent Crude is quickly approaching the resistance line of a Triangle. We expect either a breakout through this line or a rebound.

Brent Crude is heading towards the resistance line of a Triangle. If this movement continues, the price of Brent Crude could test 69.1325 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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Supports and resistances are primary concepts of technical analysis. AAPL is heading for an important price of 212.0950 – read about what this could mean for the future.

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After testing 1.7962 numerous times, EURAUD is once again approaching this price point. Can we expect a bullish trend to follow?

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