Brent Oil Slips Lower

Brent Oil drops after the impressive rally failing to stabilize above the $59.00 per barrel. The minor correction is natural, it could come to retest the 250% Fibonacci line and the median line (ML) of the major ascending pitchfork before will resume the upside journey.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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