Brent Crude is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of Brent Crude could test 74.8066 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.
Brent Crude is signaling a possible trend reversal on the intraday charts with price not breaching support.
