Brent Crude is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 74.4865, unless it runs out of momentum and pulls back to current levels.
Related Posts
Gold Spot has broken through a resistance line. It has touched this line numerous times in the last 8 days.
Gold Spot has broken through a resistance line. It has touched this line numerous times in the last…
Gold Spot – approaching a support line that has been previously tested at least twice in the past
Gold Spot is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…
A Descending Triangle has formed, US Oil is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
US Oil is heading towards the support line of a Descending Triangle. If this movement continues, the price…