Quotes BRENT crude oil continues to move in the formation of reversal pattern Forex Head and shoulders, indicating that the sample region 53 dollars per barrel and continued to fall below the level of 50 dollars.
BRENT oil price forecast on January 23, 2017
Cancellation option will increase in quotes and strong oil prices above the level of 57.50 dollars, which indicates continued growth in an area above the local maximum level. Is expected to accelerate the fall is a breakdown of the neckline and the closing quotations below 53.40 area.
BRENT oil price forecast on January 23, 2017 suggests an attempt to fall within the beginning of working out a reversal forex head and shoulders pattern with a potential to reduce the field at a level below 50 dollars per barrel, the cancellation option breakdown mill area 57.50.
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