BRENT crude oil Forecast on April 5, 2017


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Quotes of BRENT oil continue to move within the limits of growth, at the moment there is still potential for falling oil quotations in the region below the level of 51 dollars per barrel. In favor of the fall is the breakdown of the upward trend line on the indicator of relative strength, as well as the formation of the reversal forex model of the Head and shoulders on the price chart.

BRENT crude oil Forecast on April 5, 2017

The cancellation of the reduction option can be a strong growth and breakdown of the region of $ 54 per barrel, which will indicate the continued growth of oil.

BRENT crude oil Forecast on April 5, 2017

BRENT crude oil Forecast on April 5, 2017 suggests an attempt to fall below the level of $ 51 per barrel as part of working out a broken trend line on the indicator of relative strength.


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