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Should we expect a breakout or a rebound on Brent Crude?

Brent Crude is heading towards 77.3795 and could reach this point within the next 4 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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