KeytoMarkets

BRENT: Spotted with a double bottom

TVC:UKOIL   CFDs on Brent Crude Oil
Support zone remains between 50-49.90 below this 49.60/49.50 exists.
Resistance seems between 51.60 and 52.00
Erased the falling channel.
The price action likely to consolidate between 49.90-52 before providing a breakdown or breakout.
Worth watching.

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