Quotes BRENT crude oil continues to move in the forex model Triangle and at the moment quotes are testing the upper limit of dense patterns, indicating a potential rebound and try to fall below the level of 55 dollars per barrel.
In favor of the version of the fall of quotations and the price of oil appears tight test downward trend line on the indicator of relative strength.
BRENT oil price forecast on February 22, 2017
Cancellation option will be a drop of oil strong growth and the breakdown field of 58 dollars per barrel, which points to continued growth in the region above the level of 60 dollars per barrel.
BRENT oil price forecast on February 22, 2017 suggests an attempt to fall within the prison from the upper boundary of the triangle forex pattern for the purpose of falling below the area of $ 55 per barrel.
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