Oil technical analysis
Brent crude oil fell by as much as $1 today on concern about China and trading at $48.54.
It's early but the decline today has broken though the uptrend since last week. It will take a break below $48.00 and $47.71.
The declines have spilled over to USD/CAD and it's broken 1.3300.
Update: The losses are accelerating with Brent down to $47.73.
