Quotes of BRENT crude oil continue to move within the downward trend and at the moment there is still potential for continuing the decline in the area below the level of $ 50 per barrel.
BRENT Forecast crude oil prices on April 25, 2017
In favor of the fall, a dense test of the upper boundary of the descending channel will perform, as well as a test of the trend line on the indicator of relative strength. The cancellation of the variant of falling quotes and prices for oil will be a strong growth and breakdown of the area of 53.40, which will indicate the continuation of the development of an upward correction for oil.
BRENT Forecast crude oil prices on April 25, 2017 involves an attempt to test the upper limit of the descending channel and the continuation of the decline to below the level of $ 50 per barrel, in favor of the drop is the resistance line test on the relative strength indicator.
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