Quotes of BRENT crude oil continue to trade in the fall. At the moment, we should expect a test of the level of 56.80 and continuation of the decline in the support area at $ 54 per barrel.
Brent prediction & technical analysis on October 10, 2017
In favor of falling quotes and oil prices, BRENT will perform a downward trend test on the indicator of relative strength index (RSI). To expect the acceleration of the fall is with the breakdown of the level of 54.50. The abolition of the decline in oil prices will be a strong growth and breakdown of the region $ 58 per barrel, which will indicate the continued growth of BRENT above the level of 60.
Brent prediction & technical analysis on October 10, 2017 involves an attempt to test the level of 56.80 and further reduce oil in the support area at $ 54 per barrel, in favor of falling oil quotes will test the downward trend line on the indicator of relative strength index (RSI), the abolition of the reduction option will breakdown level 58.
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