Quotes of BRENT crude oil continue to move within the descending channel. At the moment, quotes are repelled from the upper border of the channel. It is worth waiting for an attempt to fall with the first goal at $ 51 per barrel. In favor of falling quotes and oil prices is the breakdown of the upward trend line on the indicator of relative strength index (RSI).
Analysis and forecast crude oil prices on May 26, 2017
The cancellation of the falling quotations and oil prices will be the breakdown of the region at $ 55 per barrel, which will indicate the continued growth of oil quotations.
Analysis and forecast crude oil prices on May 26, 2017 suggests an attempt to continue the decline within the rebound from the upper boundary of the downward channel with the first drop target at $ 51 per barrel, an additional signal is the breakdown of the bullish trend line on the indicator of relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
