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Brent crude gets its hammer out to the $36 level and a warning ahead of the DOE data

Discussion in 'Technical Analysis' started by ForexLive, Jan 6, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Speaking of breaks, the 2015 low is no more in Brent crude oil Officially it's still the 2015 low now we're in 2016 but you know what I mean South we go once again in oil as Brent slams through 36.00 to 34.81. Even more bearish ducks have lined up behind this commodity as risk aversion increases, Chinese worries increase, and tubsy in North Korea has a belated New Years fireworks party

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