BRENT

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BRENT

BRENT If we cannot settle above $83 in petro, we will see a more likely continuation of the decline. $83 is an important horizontal separator level. If the price cannot settle above the moving averages, we can expect it to pull back towards the $78 band. Support: 82.00 – 77.70 Resistance: 83.00 - 86.15 – 88.09