darryl11

Brent breaking down

FX:UKOIL   Crude Oil (Brent)
71 0 3
Brent extending its losses for the month and is now focusing on the up channel from the year lows - currently coming in around 47.24, roughly co-inciding with the 50day MA at 47.31. A confirmed break of that trend line and targets the old support area around 44.20.
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