Oil declines accelerates, breaks important support level

Discussion in 'Technical Analysis' started by ForexLive, Sep 7, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Oil technical analysis Brent crude oil fell by as much as $1 today on concern about China and trading at $48.54. It's early but the decline today has broken though the uptrend since last week. It will take a break below $48.00 and $47.71.

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