Quotes of BRENT crude oil close the trading week near the area of 63.61 dollars per barrel. It is worth waiting for an attempt to test the lower border of the channel near the level of 63.00 and continue growth in the area above $ 68 per barrel.
BRENT crude oil forecast on December 18 — 22, 2017
An additional signal for the growth of oil quotes is the test of the support line on the indicator of relative strength index (RSI). Canceling the growth of quotations and prices for oil BRENT in the current trading week will break through the lower boundary of the channel and the closure below the area of 61.00, which indicates the continued fall in oil. To expect the acceleration of growth is with the breakdown of the level of 66.70.
BRENT crude oil forecast on December 18 — 22, 2017 presupposes a test of level 63, from which one should expect a rebound and an attempt to continue the growth of oil, an additional signal in favor of rising oil prices will be a test of the support line on the indicator of relative strength index (RSI).
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