Brent oil prices are making a push to break above the $70.75 level, which, as highlighted earlier, is a key threshold for the next market direction. Along with the $70.00 support level, these points are critical in determining Brent oil’s next move.
A breakthrough above $70.75 may signal further upward momentum, while a drop below $70.00 could indicate a shift in trend. Traders should keep a close eye on these levels to better gauge the market’s next steps.
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