olly_price
Short

Bearish divergence on brent crude

FX:UKOIL   Crude Oil (Brent)
Brent crude rally appears to be quite overdone, given that the fundamentals aren't particularly good.

IEA announced that Iran have almost reached pre-sanctions production levels, fuelling a glut further and quite outdoing the decreasing in production in the US.

$49 as a SL.
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