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PORTIA ADVISORY SERVICES LLP

Brent After New Iran Sanctions, Dollar Fall/Correction/OPEC led Production-Cuts

Jan 10, 2019

0 min read

$74.26 key support (fib level) $73.85/80 key multi-month support (red-line) RSI in a downward channel, currently around 32 (though near over-sold zone) Support Breaks can lead a drop of another 3%, else may remain supportive. Kindly note New Iran Sanctions kick-start from 04-Nov-2018.

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