Breach of important price line imminent by OIL BRENT

OIL BRENT is moving towards a line of 107.2400 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 OIL BRENT continues in its current trajectory, we may see it move towards 107.2400 within the next 22 hours.

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