Update: Brent oil price suffers sharp losses

Economies.com
2020-03-18 18:56PM UTC

Brent oil price traded with strong negativity to touch our waited target at 27.09 and presses negatively on it to move below it now, which leads the price to achieve more expected losses on the long term basis, as the next target is located at 25.00, while consolidating above 27.09 represents the key of beginning bullish wave and recovering on the intraday and short term basis.

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