Brent

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Brent

BRENT Oil started its sharp upward movement after showing a determined hold on the blue EMA100 on the daily. The target seems to be around 87.30-88.30. The mentioned area is quite strong resistance as it contains 2 200-day and 1 500-day averages. Support: 83.70 – 81.70 Resistance: 87.30 – 88.40 – 89.13