Quotes BRENT crude oil continues to move in the lateral trend and at the moment there is a tight test of the lower boundary. We should expect the attempt to break the field and continue falling to the level of 53 dollars per barrel.
Forecast BRENT oil prices on March 6, 2017
Cancellation option drop in prices and the price of oil will breakdown the upper boundary of the closure of the oil quotes above the level of 58 dollars per barrel, which indicates an increase continued.
Forecast BRENT oil prices on March 6, 2017 suggests an attempt to break the lower boundary and continuing fall in quotations fall below the level of 53 that will indicate quotations going beyond the lateral trend and continued decline development.
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