Quotes BRENT crude oil continues to move below the neckline, which indicates the potential continuation of the reduction in the area below the level of 53 dollars per barrel. Is expected to accelerate the fall of mining and reversal pattern is a breakdown of the trend line on the chart, but do not rule out an attempt tighter test the neckline is broken, and only then expect continuation of falling.
BRENT Forecast oil prices on January 11, 2017
Cancellation option will increase in quotes and strong oil prices above the level of 58 dollars per barrel, which will point to the abolition of the forex model. Among the important news that could affect the price of oil tomorrow, January 11, 2017, is to provide data on crude oil stockpiles.
BRENT Forecast oil prices on January 11, 2017 suggests an attempt to reduce the completion of work in the framework of a reversal pattern with the immediate goal of reducing at a level below the area of $ 53 per barrel, the cancellation will be strong growth above the level of 58 dollars per barrel.
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