Technical Analysis – Brent drops following bounce off 2-½-year high at 67.06
Brent Crude Oil futures for February printed six positive daily closes and added more than 7% to its performance extending their gains to a 2-½-year high of 67.06. The upward tendency started after the retest of the ascending trend line, which has been holding since October. The next level to have in mind is the 161.8% Fibonacci extension […]