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WTI breaks next resistance

  • Brent hits $80!
  • WTI pushes through the 50day EMA, as desks likely favour some long positioning ahead of the weekend, in case of escalation n the red Sea, but not much in terms of haven flows into Govies, these remain unmoved and still within noted ranges.
  • Next resistance in WTI is at $76.18, 26th Dec high.

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