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26.10. 10:02_Brent Oil_SHORT

Brent Oil Short. Brent oil futures traded in London are heading downwards, a direction previously announced by Capital Analysis. Technically, the market stays in the trading range of 39 to 46 USD per barrel. The current fundamental situation plays into the cards of short traders. The logical effects of Covid-19 on reducing demand and consumption are a fact.

Chart and Table source: WebTrader

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