Quotes BRENT crude oil continues to move in the lateral trend and is currently retained potential for a tight test resistance area and the rebound from these levels to below the level of 55.70 dollars per barrel. In favor of the version of the fall of quotations and oil prices will make the test resistance area on the indicator of relative strength.
Analysis and forecast of oil prices on March 2, 2017
Cancellation option of falling prices of oil will make the breakdown field of 58 dollars per barrel, which will point to the continued growth in the region above the level of 60 dollars per barrel.
With the breakdown of the level of 55 dollars per barrel is expected to accelerate the fall BRENT prices.
Analysis and forecast of oil prices on March 2, 2017 suggests the test resistance area and a rebound in the area below the level of 55.70 dollars per barrel, with a breakdown of this area is expected to accelerate the fall of oil to below $ 50.
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