Quotes of BRENT crude continue to move in a bearish trend. It is worth waiting for an attempt to continue the decline in the area below the level of $ 45 per barrel. In favor of the fall will enter the test of the upper boundary of the descending channel, as well as a test of the resistance line on the indicator of relative strength index.
BRENT technical analysis & signals on June 20, 2017
The cancellation of the variant of falling quotations and oil prices will be the breakdown of the area of 48.25, which will indicate the continued growth of oil. Expect the acceleration of the drop in quotations BRENT is worth a breakdown of the local minimum level.
BRENT technical analysis & signals on June 20, 2017 suggests an attempt to continue falling quotations in the area below the level of $ 45 per barrel within the rebound from the upper boundary of the bearish channel, the breakdown of the region will be 48.25.
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