Quotes BRENT crude oil continues to fall within the beginning of the mining punched forex triangle patterns with the potential to reduce to below 42 dollars per barrel. Cancellation option will be a strong growth BRENT quotes above the level of 52 dollars per barrel.
Forecast BRENT oil prices on July 21, 2016
An additional signal in favor of continuing decline in oil prices has become a test of the descending trend line on the indicator of the relative strength and rebound from this line.
Forecast BRENT oil prices on July 21, 2016 assumes continuation of reduction within the framework of completion of work on the model triangle with the immediate goal at below 44 – 42 dollars per barrel.
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