BRENT crude oil forecast — June 28, 2016


Quotes BRENT crude oil continues to fall in line with expectations and our oil price forecast for tomorrow. At the moment, there is the potential to continue fall to below $ 47 per barrel in the completion of work within a bearish pattern 5-0.

BRENT crude oil forecast — June 28, 2016

BRENT crude oil forecast — June 28, 2016

Cancellation option can become a strong growth BRENT quotes above the level of 52 dollars per barrel. Matt continues to hold the sale of oil and stop the transaction moved to breakeven. However, in the case of quotations BRENT falling to below $ 47 a barrel, there is a potential for a rebound in the framework of start mining bullish wave pattern Wolfe. But in the case of penetration of this area can be expected acceleration of the downtrend to continue and drop to below $ 45 per barrel.

BRENT crude oil forecast — June 28, 2016 assumes a drop in oil prices in the framework of the completion of the descending pattern 5-0 for the purpose of below $ 47 per barrel.


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