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BRENT CRUDE BACK AT SUPPORT: ANALYSIS

Long
Brent Crude Oil (OANDA:BCOUSD)  
BlueberryMarkets  
OANDA:BCOUSD   Brent Crude Oil
Trend Analysis Chart Patterns Technical Indicators Forex forextrading Oil blueberrymarkets australia
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OIL has been relatively quiet despite large fluctuations in the price of the USD.
Price currently sits at key support and could potentially form the right shoulder of an inverse head and shoulders pattern.
If price breaks the daily highs we could see it head towards the next resistance level of 70.50.
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