Still looks good for more upside
Brent crude is still looking very bullish since its breakout last month and could be seeing more upside after a test of support @ 76.40 (Monthly Pivot), in the event where this level fails there is even more support @ 73.00 where the Daily 50 and 100 SMA's converge. Initial bullish targets include the Monthly R1 @ 82.50 and the Monthly R2 @ 86.80
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