Brent Oil Needs A Strong Bullish Candle At Support Level

CFDs on Crude Oil (Brent) (FX:UKOIL)

FX:UKOIL CFDs on Crude Oil (Brent)

supportandresistance economiccycle fractal brent brentoil ukoil

Brent Oil is now sitting close to a strong support level between 25.65 & 26.44. What's needed now is a strong bullish candle (SBC) to start an intermediate uptrend; but in the abscence of a SBC, Brent oil visiting below 22 is a possibility.

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