Quotes BRENT crude oil continues to move in the lateral movement, at the moment, oil prices broke through the upper limit of the model triangle. We should expect an attempt to test the breached border model and the continued growth of quotations to local maximum.
Oil price forecast on February 3, 2017
In favor of a continuation of the growth is the breakdown of the trend line on the indicator of relative strength, it also points to a potential breakdown of the field 59 dollars per barrel.
Cancellation option BRENT continued growth of quotations will fall and returned inside quotations Forex Triangle patterns.
Oil price forecast on February 3, 2017 suggests an attempt to test the breached border model and continued growth in the region of a local maximum, the cancellation will be returned within patterns Triangle.
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