BRENT

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BRENT

BRENT Petrode gave a pullback to this level after rapidly rising above $83. Then it jumped back up. Price is about to break above the 200-period exponential moving average resistance. It seems likely to target around $85. 18:30 Crude oil stock data will bring an accelerated movement to the price. Support: 83.75 – 83.00 - Resistance: 84.45 – 85.00