In our analysis of Brent crude oil six days ago, we identified a large contracting triangle and a local ascending channel. We also outlined a potential scenario involving a bullish breakout above the upper boundary of the triangle. Although this was not the base-case scenario, the XBR/USD chart now suggests it has played out: yesterday, […]

The post XBR/USD Chart Analysis: Brent Crude Reaches 1.5-Month High appeared first on Action Forex.