Quotes BRENT crude oil continued to rise and has already set out above are trading at $ 50 per barrel. However, the value of the indicator of the relative strength continues to trade within a triangle pattern, indicating that the uncertainty in the market.
Forecast BRENT oil prices — June 8, 2016
At the moment, the value of the indicator of the relative strength tight test area of the upper boundary of the model that could trigger a rebound and the development of an area in the fall below $ 48 per barrel. Cancellation option of falling oil prices break through the upper can become a model triangle border, in this case, is expected to accelerate upward trend in the BRENT oil.
Forecast BRENT oil prices — June 8, 2016 assumes a drop in oil prices in the rebound from the upper boundary of the triangle pattern on the indicator RSI.
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