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XBRUSD (BRENT) DAILY OUTLOOK: Consolidating but for how long?

Trader 1 · July 16, 2026
General

Consolidating between 83.45 and 86.58 on this 4 hour CFD chart

For the current rebound to build further momentum, 88.00+ would be needed (87.68 on this chart)

(Amazing Trader hour CFD chart)

 

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