The Brent Brut has rebounded from the lower limit of its downward trend but faces a key resistance at $ 68.70 to $ 70.50. A higher breakdown failure could trigger a decline, with $ 65.30 and $ 62.30 as key support levels, the notes of general company FX analysts.
Support at $ 65.30 is the key for short -term prospects
“Brent staged a rebound after having surveyed the lower limit of a descending channel drawn since 2023 at $ 58.40. The pilyworm has so far been contained at graphic levels of $ 68.70 / 70.50 representing the stockings of last year and the 50-dma.”
“This is an interim resistance zone. If the rebound takes off near this obstacle, a short -term decline cannot be excluded.
