Oil looking to break 70

Brent is continuing its uptrend after finding some value a few weeks ago. The boosting in demand and people seem to be bullish ahead of the summer. I personally think it is a "true" narrative with most countries willing to let tourism making some profits again as well as the most vulnerable people are getting vaccinated.

I'll be watching for a break and a retest of 70$ for the long.

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Comment:

So far supports holding well, check out former post.