Quotes BRENT crude oil continues to trade in line with expectations. At the moment, oil prices broke through the lower boundary of the model triangle, which points to a continuation of the fall to below $ 49 per barrel. Cancellation option quotes and falling oil prices will be strong BRENT quotations growth higher than 54 dollars per barrel, which will indicate the likely continued growth.
Analysis and forecast of oil prices BRENT on October 27, 2016
We continue to hold the sale of oil and are ready to increase the volume of sales to the extent of the fall, the potential to reduce the area on the level below 43 dollars per barrel.
Analysis and forecast of oil prices BRENT on October 27, 2016 suggests an attempt to continue falling within the mining triangle forex pattern with the immediate goal at a level below the area of $ 49 per barrel.
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