As expected, the three-month uptrend of oil is strong and today Brent trades at the round level: $100 per barrel.
And it looks like there are no stops in sight yet.
If in the nearest days the price consolidates above the Fibonacci retracement level of 61.8% or $99, then the next foreseeable target will be the level of $107 per barrel.
This content is for informational purposes only and is not intended to be investing advice.
