Brent Oil- Towards 60,will it hit?
Updated
Brent Oil has dropped under some key support levels and confirmed the Wedge. At this point the price seems to be consolidating between 64 and 66 dollars per barrel. I believe that a break below 64 will trigger a drop towards 62 or even 61, while a break above the local resistance from 66 would trigger a rally back to 67 /barrel.
Trade closed: target reached
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