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rob_WRLD_

Brent to 83 this week

Long
Brent Crude Oil (OANDA:BCOUSD)  
rob_WRLD_  
OANDA:BCOUSD   Brent Crude Oil
Support and Resistance Moving Averages
1
0
supportandresistance movingaverage
Day 46/100

- Clear break of 78-72 range
- Retested 78 as support
- Expecting more upside into 83 at least by this week

Implications on FX
- While CAD may be dragged down by USD underperformance, OIL may give it some boost as we expect upside momentum to resume briefly
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