Quotes BRENT crude oil back into a triangle model, but the potential to continue fall from current levels is maintained. An additional signal in favor of the continuation of falling of quotations BRENT acts of resistance downlink test the relative strength indicator, which also suggests a drop in oil prices in the near future.
OIL price forecast BRENT on July 18, 2016
We hold a deal to sell close to the table and ready to record losses above the level of 48 dollars per barrel. Cancellation of the same variant of the triangle mining model can become a strong rise in oil prices above the level of 52 dollars. Increase the volume of short positions on crude oil BRENT is a breakdown below the area of $ 47.
OIL price forecast BRENT on July 18, 2016 assumes a continuation of the fall in the rebound from the resistance line on the indicator of relative strength with the potential target BRENT falling below 44 dollars.
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