sreebhashyam

Brent - Oil on the boil

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FX_IDC:USDBRO   U.S. DOLLAR / BRENT CRUDE OIL
Brent broke he trend line channel and ideally should have moved towards the 64 Handle. However the huge bearish candle rushing towards 62 warns of deeper correction. However, what aids this to other asset classes. Will it take them down or aide them to move up. That needs to be seen. For now break 61.90 short with short stops 62.60 for move towards 60.30 look in order.

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