Brent oil is solidly bid near the 3.5-year high of $79.45 and looks set to scale the $80.00 mark, according to Reuters technical analysis note. Wang Tao, Reuters market analyst for commodities and energy technicals, sees scope for a rally to $80.13 as the resistance at $79.24 has been breached. “On the daily chart, the […] The post Brent oil could rise to $80.13 – Reuters News appeared first on Forex Crunch.
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