BRENT

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BRENT

Oil prices fell below averages again yesterday with relatively limited pressure. While the attacks of the US and UK against the Houthis decreased, we saw that the data came in weaker than expected in China despite the base effect. Industrial production increased slightly above expectations. The course of the European and US stock markets can be followed during the day. As long as the pricing remains at and below the 78.00 - 78.50 resistance in the upcoming period, the downward trend may be one step ahead. In possible declines, the 77.50 and 77.00 levels can be targeted. In possible recoveries, as long as the 78.00 - 78.50 resistance remains current, a new downward potential may occur. Therefore, it may be necessary to see the course above 78.50 and hourly closings for the continuation of the upward desire. In this case, the 79.00 and 79.50 levels may come to the agenda. Support: 77.00 Resistance: 78.50