Quotes of BRENT crude oil close the trading week near the area of 55.57 dollars per barrel. It is worth waiting for an attempt to rebound and fall in quotations and oil prices in the area below the level of $ 50 per barrel.
BRENT crude oil forecast on September 18 — 22, 2017
In favor of the drop is the resistance area test on the relative strength indicator (RSI). Canceling the option of lowering quotations and prices for BRENT oil in the current trading week will break through the area of 57.50, indicating that the growth will continue with the test level of 61 dollars per barrel. Expect to accelerate the fall is with the breakdown of the area 53 dollars per barrel.
BRENT crude oil forecast on September 18 — 22, 2017 suggests a rebound from the resistance level with the potential to reduce the price near the level of $ 50 per barrel, the breakdown of the region will amount to $ 57.50 per barrel, which will indicate a continued rise in oil prices to the region above level 61.