aleksandr_shirin

Brent - a brief overview.

OANDA:BCOUSD   Brent Crude Oil
Today, I was already expecting some more tangible news on the oil chart. But for now, we can say they are not at all. In the current conditions, I suggest focusing on technical levels:

Resistance 3 - 91.77
Resistance 2 - 90.34
Resistance 1 - 89.60

Pivot point - 88.17 - the price is now just above it, and perhaps after its breakdown, we can expect a further decline to the level of 86.

Support 1 - 87.43
Support 2 is just at level 86. The test we expect.
Support 3 - 85.26.
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