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On June 29, analysts at Economies have the latest opinion today: Brent crude oil prices continue to rise, testing the key resistance level of 74.30. The indicator also lost the bullish signal it provided.
These factors therefore encourage us to suggest a bearish pullback in the coming sessions to continue the downtrend, noting that our next target is at 71.60 but it needs to stay below 74.30 for this to happen.
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Today’s expected trading range is between 72.00 support and 75.00 resistance.
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