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Brent downtrend has stalled after forming an interim trough near $70 in March. Economists at Société Générale analyze Brent Crude Oil technical outlook.
Daily MACD has started posting positive divergence however signals of trend reversal are not yet visible. Recent bounce has remained contained near the 50-DMA. Multi-month down sloping trend line at $81 must be overcome to affirm a meaningful rebound.
Once a break below $70 materializes, Brent would confirm one more leg of downtrend; next potential objectives are located at December 2021 low of $65/63 and $57
風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

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