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Brent Oil Rejection Could Rally Price Above 56

Long
CFDs on Crude Oil (Brent) (FX:UKOIL)  
BullBearMkt  
FX:UKOIL   CFDs on Crude Oil (Brent)
Support and Resistance Fractal Economic Cycles brentoil Crude Oil Brent Crude Oil
1
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supportandresistance fractal economiccycle brentoil ukoil crudeoil
Brent Oil witnessed rejection of the downward trend with the last 2 week candlestick. This rejection potentially could cause brent to rally above 47 and subsequently, above 56 if a re-test of 47 level (after breakout) is held successfully.

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