Quotes of BRENT crude oil continue to move within the bearish channel. It is worth waiting for an attempt to test the upper border of the channel and continue the decline in the area below the level of $ 45 per barrel. In favor of the fall will come a tight test of the trend line on the indicator of relative strength index (RSI).
BRENT technical analysis & signals on June 22, 2017
Abolition of the variant of falling quotations and oil prices will break through the upper border of the channel and the closing of quotations above the level of $ 48 per barrel. Expect to accelerate the fall is with the breakdown of the local minimum area.
BRENT technical analysis & signals on June 22, 2017 suggests an attempt to drop quotations to an area below the level of $ 45 per barrel, an additional signal will be a test of the trend line on the indicator of relative strength index (RSI), the breakdown will be the breakdown of the area 48.
