Brent Crude Technical Summary

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Brent crude is riding strong upward momentum within an ascending channel off its July $70.00 base, currently pressing directly into the critical $99.50–$101.50 resistance zone and the psychological $100 mark; a decisive daily close above $101.50 would confirm a breakout toward the prior liquidity zone at $105.00–$106.00, whereas an upper-wick rejection at this major shelf would likely trigger a corrective pullback toward the rising trendline support near $92.00–$93.00.



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