Technical analysis of oil (Dani Leviant)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
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Oil quotes accelerated the decline in maintaining a high level of supply and a slowdown in the economy.
Brent brand chart (current price: $ 55.40)
Brand Brent updated the lows on increasing risks and negative sentiment, which accelerated the downward trend.