Brent Crude is moving towards a line of 73.3715 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Brent Crude continues in its current trajectory, we may see it move towards 73.3715 within the next 17 hours.
Brent Crude heading towards a price it has tested 7 times in the recent past.
