Quotes of BRENT oil continue to move within the development of the downward trend and at the moment there is a potential for continuing falling oil quotations in the area below the level of 51 dollars per barrel. It is worth expecting a tight test of the upper boundary of the descending channel near the region of 51.75.
BRENT Forecast crude oil prices on May 2, 2017
The abolition of the reduction option will be a breakdown of the region $ 52 per barrel. Expect the acceleration of falling quotations and oil prices is with the breakdown of the rising trend line on the indicator of relative strength.
BRENT Forecast crude oil prices on May 2, 2017 suggests an attempt to drop oil prices in the region below the level of $ 51 per barrel within the rebound from the upper boundary of the descending channel.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
