Brent Crude is moving towards a line of 74.3500 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 74.3500 within the next 3 days.
Related Posts
Natural Gas keeps moving closer towards 3.1550. Will it finally breach this level?
Natural Gas is moving towards a key resistance level at 3.1550. This is a previously tested level for…
Important price line being approached by Brent Crude. This price has been tested numerous times before.
Brent Crude is moving towards a resistance line. Because we have seen it retrace from this level in…
US Oil breakout from a Rising Wedge trade setup. Will it continue this trend to hit the target price?
US Oil has broken through the support line which it has tested twice in the past. We have…