BRENT oil price forecast on February 24, 2017


Quotes BRENT crude oil continues to move in the forex model Triangle and is currently testing the upper limit of dense patterns, indicating a potential rebound and fall to the lower boundary of the model Triangle area near 54 dollars a barrel.

BRENT oil price forecast on February 24, 2017

BRENT oil price forecast on February 24, 2017

In favor of the version of the fall of oil quotations testing the resistance area on the indicator of relative strength. Cancellation option quotes and falling oil prices will be strong growth and the breakdown field of 58 dollars per barrel, which will point to a continuation of an upward trend.

BRENT oil price forecast on February 24, 2017 suggests an attempt to drop to the lower limit in the rebound from the resistance area.


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