Quotes of BRENT crude oil continue to move in line with expectations and our forecast of oil prices. It is worth waiting for an attempt to tightly test the broken channel border and continue the decline in the area below the level of $ 46 per barrel.
BRENT forecast crude oil prices on July 7, 2017
Expect to accelerate the fall in quotations BRENT is worth a breakdown of the area of $ 47.25 per barrel. The abolition of the fall option will be a breakdown of the level of $ 50, which will indicate the continued growth in oil prices.
BRENT forecast crude oil prices on July 7, 2017 suggests an attempt to reduce the «Head and Shoulders» with a potential drop target at $ 45 per barrel as part of the start of the development of the reversal model, the breakdown of the local maximum region will be a cancellation.
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