12:12, 10 September
Brent oil prices rose slightly today after falling yesterday after China announced that it will use its strategic oil reserves. Technically, the resistance level of 72.60 in Brent oil, which is trading above the 50-day simple moving average, can be observed at the resistance level of 73.50 once this level is crossed.
- Resistance: 72.60 - 73.50 - 74.30
- Support: 71.80 - 70.30 - 69.45