Quotes BRENT crude oil continues to move in the form of forex triangle patterns, and now eats the potential for the breakdown of the lower boundary of the model, due to the dense dough punched trend line on the indicator of relative strength.
BRENT forecast oil prices on January 31, 2017
The immediate goal of reduction of quotations and the price of oil is the area at a level below 54 dollars per barrel. With the breakdown of the level of 54, is expected to continue to decline at the level of $ 50.
Cancellation option will be a breakdown of the top models of the border that will indicate continued growth in an area above the local maximum level.
BRENT forecast oil prices on January 31, 2017 suggests an attempt to drop in the rebound from the resistance line on the indicator of relative strength with the potential to reduce the level below the area of $ 54 per barrel.
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