Oil price forecast BRENT May 27, 2016


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Quotes BRENT crude oil continued to rise in line with expectations. To date, the value of the indicator of the relative strength again met resistance in the form of a downward trend line.

Oil price forecast BRENT May 27, 2016

Oil price forecast BRENT May 27, 2016

Such a signal could trigger the fall BRENT quotations to the nearest support at the level of 48 dollars per barrel. Cancellation option of falling oil prices will be strong growth above the level of 52 dollars per barrel. Oil price forecast BRENT May 27, 2016 falling of quotations in the rebound from the resistance line on the RSI indicator of relative strength.


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