{"id":271256,"date":"2019-04-26T05:47:29","date_gmt":"2019-04-26T05:47:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=271256"},"modified":"2019-04-26T05:57:39","modified_gmt":"2019-04-26T05:57:39","slug":"brent-oil-may-retrace-into-72-26-73-46-range","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brent-oil-may-retrace-into-72-26-73-46-range\/","title":{"rendered":"Brent oil may retrace into $72.26-$73.46 range"},"content":{"rendered":"<p>Brent oil may retrace into range of $72.26-$73.46, following its failure to break a resistance at $75.41 per barrel. <\/p>\n<p>The resistance is identified as the 138.2 percent projection level of a wave (c) from $64.02. This wave consists of three smaller waves. The third wave labelled c could be broken down into five minor waves, the fifth wave of which seems to have peaked at $75.41. <\/p>\n<p>Over the next few days, oil may retrace towards the bottom of the wave 4 around $71.14. A rising trendline suggests a higher target at $72.26. A break above $75.41 could lead to a gain to $77.35.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brent oil may retrace into range of $72.26-$73.46, following its failure to break a resistance at $75.41 per barrel. The resistance is identified as the 138.2 percent projection level of a wave (c) from $64.02. This wave consists of three smaller waves. The third wave labelled c could be broken down into five minor waves, the fifth wave of which seems to have peaked at $75.41. Over the next few days, oil may retrace towards the bottom of the wave 4 around $71.14. A rising trendline suggests a higher target at $72.26. A break above $75.41 could lead to a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-271256","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=271256"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271256\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=271256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=271256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=271256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}