Quotes BRENT crude oil continued to fall under the mining triangle forex pattern. At the moment, there is potential for further drop in oil prices BRENT to below $ 46 a barrel, followed by a test level of 40 dollars per barrel.
Analysis and forecast BRENT oil prices on September 2, 2016
An additional signal in favor of continuing BRENT quotations fall is the breakdown of the trend line on the indicator of relative strength, indicating a continuation of the fall. Cancellation option will be a strong increase in the oil return BRENT price quotations in an area above the level of 48.50 dollars per barrel.
Analysis and forecast BRENT oil prices on September 2, 2016 suggests an attempt to continue falling in the rebound from the trend line on the indicator of relative strength.
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