International Economic

Underlying technical trend in Brent futures continues to point higher

By Alexander Bueso

Date: Tuesday 23 Oct 2018

(Sharecast News) - The underlying trend for Brent crude oil futures continues to point higher despite its greater than 8% fall from their October highs, technical analysts said.
According to WebFG UK's chief technical analyst, Jose Maria Rodriguez, the 'bullish' medium-term trend is still absolutely intact, although in the immediate short-term...

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