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TECHNICAL ANALYSIS: BRENT – MARCH 12-16, 2018

TVC:UKOIL   CFDs on Brent Crude Oil
Oil             price in the last week swing up and down the whole week, until the end of the week with a closing price above $65.
However, it seems that the uptrend is not yet. There is also a chance that the price will go down to $65 and down to $57.75.

To be seen as a trend up, the price should break above $71.
And when combined with the situation now, oil             trading is not quite as interesting choice.
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