Brent Crude Oil looks likely to break out of the trendline resistance as the risk-on sentiment remains.
Technically price is working within a channel and if price closes above confirming the breakout the sentiment
on oil will likely change. The USD weakness will help oil find higher prices so keep an eye on the USD Index.
Technically price is working within a channel and if price closes above confirming the breakout the sentiment
on oil will likely change. The USD weakness will help oil find higher prices so keep an eye on the USD Index.