Brent neutral

Brent attempts to break through the round level of $100

13 July 2022 437
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We can witness the third attempt of Brent crude to overcome the round support of $100 per barrel since the beginning of March, excluding punctures.

 

If the closing price is below 100 within three days, a decline to the level of 90 is likely to occur.

Otherwise, a bounce up and movement to the price levels of 107 and 114 are possible.

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

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