|Resistance 3:||52.37||WR3 pivot, bullish triangle pattern|
|Resistance 1:||50.31||WR1 pivot, 26/05 high|
|Support 1:||47.29/60||Monthly pivot, 19/05 low|
|Support 2:||46.24||12/05 low|
|Support 3:||45.5||Pivotal S/R, WS3|
Oil considering another break higher
Whilst Brent and WTI meander around the $50 level there are technical suggestions of a pending break higher. Matt Simpson of ThinkForex takes a look.