BRENT oil price forecast — June 10, 2016


Quotes BRENT crude oil were still able to break through the upper boundary of the triangle pattern on the indicator of the relative strength and at the moment we saw the acceleration of the upward trend, as we wrote in the past forecast the price of oil.

BRENT oil price forecast — June 10, 2016

BRENT oil price forecast — June 10, 2016

Currently stored BRENT quotations fall risk by testing the resistance area, but at the same time we should expect a new attempt to increase within the uptrend. BRENT oil price forecast — June 10, 2016 assumes a drop in prices to below the level of 52, and continued growth in the framework of mining width punched uptrend.


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