Forecast BRENT oil Prices June 13, 2016 — June 17, 2016


Quotes of oil BRENT obscurities broke through the upper limit of the downward channel. It is necessary to expect continuation of growth, but we still look forward to a fall in oil prices to below $ 45 per barrel.

Forecast BRENT oil Prices June 13, 2016 — June 17, 2016

Forecast BRENT oil Prices June 13, 2016 — June 17, 2016

The signal in favor of the fall here is the resistance of the field test of the relative strength indicator, which may well provoke a fall in the near future. However, talking about the full completion of the uptrend is only after the price breaks the lower boundary of the rising channel on the last uptrend.

Forecast BRENT oil Prices June 13, 2016 — June 17, 2016 suggests correction attempt, but should try to sell a rising channel breaks down.


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