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News / Technical Analysis / Retreated from peak levels as traders booked profits post-rebound

Retreated from peak levels as traders booked profits post-rebound

Published: 21.12.2023 by Noirbull
Retreated from peak levels as traders booked profits post-rebound. WTI oil must hold above $73 for potential near-term upside momentum.

BRENT oil at $79.65 pulled back from session highs amid Red Sea tensions. The near-term trend stays bullish.
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