BRENT oil prices Forecast May 30, 2016 — June 3, 2016


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Quotes oil BRENT showed high level update. In general, we expect such a scenario. At the moment, for oil is a serious obstacle in the form of a test of the upper boundary of the descending channel.

BRENT oil prices Forecast May 30, 2016 — June 3, 2016

BRENT oil prices Forecast May 30, 2016 — June 3, 2016

The indicator of the relative strength values pushed on the resistance, there is the potential for the development of a model falling and breaking down, which also suggests a drop in oil prices to below $ 43 per barrel. In case of breaking through the upper boundary is expected to continue the growth of quotations on the BRENT oil price to above the level of 60 dollars per barrel.

BRENT oil prices Forecast May 30, 2016 — June 3, 2016 suggests BRENT falling of quotations in the rebound from the upper border of the descending channel.


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