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Brent Crude

20 Jan 2021 ‚óŹ 07:20 AM

Brent crude has taken support on the trendline from the November bottom which was at $ 54.6. We are in wave III which is subdividing into 5 waves and the vth wave up should be starting now which can move up towards the top end of the channel near $ 67. The upper Bollinger band may act as the near-term resistance at 57.90

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