Brent Crude is heading towards the resistance line of a Channel Up. If this movement continues, the price of Brent Crude could test 83.7354 within the next 19 hours. 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.
