Brent neutral

Hammer boosts Brent to reach 124

21 June 2022 494
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Yesterday on the Brent oil graph a hammer was formed.

At the moment the pattern is successfully working out.

In addition, Stochastic indicator lines are ready to cross near the oversold zone.

If Brent closes not lower than 116 today, a rise to 124 is quite possible.

This content is for informational purposes only and is not intended to be investing advice.

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