Brent Oil – Fresh Weakness Generates Initial Signal of Bearish Continuation

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Brent price fell on Wednesday, after holding within narrow range in past two days, on track for eventual close below Fibo support at $73.04 (76.4% retracement of $58.70/$119.47 advance), after four consecutive failures at this level. Persisting optimism on signals of progress of peace talks in the Middle East would open way normalization of supply […]The post Brent Oil – Fresh Weakness Generates Initial Signal of Bearish Continuation appeared first on ActionForex.