Quotes BRENT crude oil could go back inside the triangle model, however, has not yet overcome the top, so we can talk about the abolition of options with the continuation of falling oil prices BRENT.
OIL price forecast BRENT on July 14, 2016
To date, an additional signal in favor of the oil price fall is the test of the descending trend line on the indicator of relative strength, it also points to the drop in oil prices in the region at a level below 44 dollars per barrel. Cancellation option will make the fall BRENT strong growth in the area above the level of 52 dollars per barrel.
OIL price forecast BRENT on July 14, 2016 suggests an attempt to fall within the framework of completion of work on the forex triangle patterns with a view to lower the level of 44 dollars.
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