Analysis and forecast of oil prices BRENT on December 1, 2016


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Quotes BRENT crude oil have gone into the development of ascending correction, the market showed a kind of surprise to data movement.

Analysis and forecast of oil prices BRENT on December 1, 2016

Analysis and forecast of oil prices BRENT on December 1, 2016

Currently we should expect continued growth with an attempt to test the area above match for 51 dollars per barrel, where the values of the relative strength indicator unopposed and will be again try to sell oil with a close stop. Cancellation option will be a strong growth and the breakdown of the area above the level of 52 dollars per barrel, which will point to a continuation of the upward movement with a potential test of the local maximum in the area.

Analysis and forecast of oil prices BRENT on December 1, 2016 suggests an attempt to test the area of $ 51 per barrel, where we can expect oil prices to fall below $ 48 per barrel.

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