Quotes of BRENT crude oil continue to develop the upward movement and are now close to the resistance level of $ 55 per barrel. It is worth waiting for a rebound attempt in the area below the level of $ 53 per barrel. However, in the case of a breakdown in the resistance area, there is a potential for continued growth in oil prices in the region above the level of $ 58 per barrel.
BRENT forecast crude oil prices on April 6, 2017
In favor of the completion of oil growth, breakdown of the upward trend line on the indicator of relative strength will act, indicating that the development of the decline in oil will continue. In favor of the rebound is the resistance area test on the relative strength indicator.
BRENT forecast crude oil prices on April 6, 2017 suggests an attempt to rebound and reduce to the area below the level of $ 53 per barrel, the elimination of the option will be a breakdown of the region $ 56, indicating that the growth will continue to the level above the level of $ 58 per barrel.
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