Brent crude oil is trading 14% below the highs set on June 9, showing declines almost every day since then. The sharp decline, more than 3.5% on Tuesday, has secured a break of the 50-day average and a break of the trend support line since December. Yesterday, we saw an attempt to get back above […]
The post Oil Uptrend Broken, Potential Bears Target at $60-80 appeared first on Action Forex.
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