Razvan
Short

Brent Oil- Towards 60,will it hit?

FX:UKOIL   Crude Oil (Brent)
Brent Oil             has dropped under some key support levels and confirmed the Wedge . At this point the price seems to be consolidating between 64 and 66 dollars per barrel. I believe that a break below 64 will trigger a drop towards 62 or even 61, while a break above the local             resistance from 66 would trigger a rally back to 67 $/barrel.
Trade closed: target reached
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