Quotes BRENT crude oil trying to get away in a U-turn under the completion of the formation of topping models forex head and shoulders, lifting mining model variants will be a strong increase in oil quotes above the level of 58 dollars per barrel, which indicates an area of the sample forming the right shoulder.
BRENT oil price forecast on January 10, 2017
In favor of reducing the prices of oil also acts as a reversal pattern formation on the indicator of relative strength. Is expected to accelerate the fall of oil quotations is a breakdown of the level of the neckline, and the output of quotations out of a rising trend line. The potential to reduce the area of oil below 50 dollars per barrel.
BRENT oil price forecast on January 10, 2017 suggests an attempt to reduce the quotations within the beginning of working out a reversal forex head and shoulders pattern with a view to a potential fall in the level area below 54 dollars per barrel, and the next target area 50 below.
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