Wednesday 17 October 2018

Brent Crude: On its way to test cloud chart support zone!

Brent Crude: On its way to test cloud chart support zone at top end cloud chart level of 79.42/78.53 support zone!

Critical level to watch for a rebound! If support fails then we heading to the bottom end cloud chart support zone!

On the 60 min chart, brent crude is fighting hard for support. Price action is below the cloud, and that's negative. Need to see support come in here, if not, more downside to come!



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