BRENT

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BRENT

Oil futures were suppressed again with the weak outlook in demand. The weak outlook in the US, especially during the driving season, is also effective in this. The course of European and US stock markets can be followed during the day. It is seen that there is a general downtrend. Brent oil saw a high of 82.73 and a low of 80.73 on the previous trading day. Brent oil, which followed a selling course on the last trading day, lost 0.31% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 34.09, while its momentum is at 97.95. The 81.55 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 82.37, 83.55 and 84.36 may become important. In possible pullbacks, 80.38, 79.56 and 78.39 will be monitored as support levels. Support: 80.38 – 79.56 Resistance: 82.37 – 83.55