Quotes BRENT crude oil continues to move in the downward trend, quotations were able to break through the lower boundary Forex Triangle patterns and has the potential for further oil fall to below $ 48 per barrel.
Analysis and forecast oil prices BRENT on March 23, 2017
Cancellation option of lower prices for oil will breakdown the upper boundary of the descending channel with the closing prices of oil above the area of $ 53 per barrel, which points to continued growth in the region above the level of 55 dollars.
Analysis and forecast oil prices BRENT on March 23, 2017 suggests an attempt to continue the decline in oil to below $ 48 per barrel price within the mining model Forex Triangle.
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