Quotes of BRENT crude oil close the trading week near the area of 63.53 dollars per barrel. It is worth waiting for an attempt to test the level of 65 and the beginning of the fall in the support area at $ 57 per barrel. An additional signal in favor of falling oil quotes is the formation of the reversal model «Failure Swing» on the indicator of relative strength index (RSI).
BRENT crude oil forecast on November 27 — December 1, 2017
Canceling the variant of falling quotes and prices for BRENT oil in the current trading week will break through the area of 66.50, indicating that the growth of oil with a test of $ 70 per barrel. Expect to accelerate the fall is with the breakdown of the lower boundary of the channel and closing below the level of 59.50.
BRENT crude oil forecast on November 27 — December 1, 2017 presupposes an attempt to test the level of 65, from which it is expected to start the fall of oil, an additional signal in favor of lower oil prices is the formation of the model «Failure Swing» on the indicator of relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
