BCO/USD ( Brent Crude Oil ) 🛢💵 has recently been rejected by the strong Resistance level of 50$. The price has not reached that level since March. The decline is highly possible here as Moody's projecting the price to range within 40-45$ in the 2021. However , they allowed the possible fluctuations in the remaining years , but for the time being it seems quite reasonable to short here down to the key level.
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