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Brent Crude oil Bear
Looking at the long term downward trend from June 2008,
We can see that there is Resistance at the 86 level.
If this resistance is not broken then we are looking at a retracement to 51 level (Fib)
Solely based on technical analysis and no fundamentals in consideration.
We can see that there is Resistance at the 86 level.
If this resistance is not broken then we are looking at a retracement to 51 level (Fib)
Solely based on technical analysis and no fundamentals in consideration.
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