Brent Crude remains under pressure in the bear trend as expected to hit all our downside targets & even crashed below 8610/00 in the late evening to
Brent Crude November contract Daily Forecast - 15 October 2014Brent Crude remains under pressure in the bear trend as expected to hit all our downside targets & even crashed below 8610/00 in the late evening to hit 8483. Next downside targets are 8390/80, 8290/85, 8250/40, 8195/85.
Immediate resistance at 8620/25 but above here could reach 8655/65. Unlikely any higher today but above here look for a selling opportunity at Monday’s low of 8710.
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