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Brent Crude approaching resistance of a Channel Up

Brent Crude is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Brent Crude continues in its current trajectory, we could see it reach 82.1554 within the next 14 hours.

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