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Brent Crude Stalls Throwback at Previous Neckline

posted by Avatar FXTimes 328 days ago in Technical, Daily, Oil made popular 328 days ago

s seen in the daily chart, Brent crude extended to 107.80 after breaking the inverted head and shoulder’s neckline at 102.40. Then a throwback brought it back to the neckline, where it is currently finding support. The rally to 107.80, near 50% retracement of the March – June bear run, also broke above the trendline for this downturn...
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