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CFDs on Brent Crude Oil
Long

UKOIL approaching support, potential bounce!

By ICmarkets
Broker

UKOIL is approaching its support at 75.01 (61.8% Fibonacci retracement, 61.8% Fibonaci extension, horizontal overlap support) where it could potentiallyt rise to its resistance at 78.14 (100% Fibonacci extension, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur.
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ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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