Brent: In the upward channel. Technical analysis

Forex analytics: Review and dynamics On the daily chart the price of crude oil Brent continues to grow in the ascending channel with the upper limit at the level of 48.40. Currently the price has reached new annual highs at the level of 47.30. The price managed to consolidate above resistance level of 46.20, which is crossed by Fibonacci 50% (retracement to the decline since June 2015 and the level of 65.30 to ...