Quotes obscurities BRENT crude oil continued to fall during the current trading week and were able to penetrate the area of the ascending channel’s lower border, which already indicates a possible corruption of the upward movement of oil.
Weekly Forecast BRENT OIL July 11, 2016 — July 15, 2016
Therefore, at the beginning of the next trading week, we expect the beginning of falling BRENT oil quotations with a potential target at the level of below $ 40 per barrel. Cancellation option will drop strong growth BRENT quotes above the level of 54 dollars per barrel, which will point to continued growth.
Weekly Forecast BRENT OIL July 11, 2016 — July 15, 2016 suggests an attempt to continue falling in the frame triangle mining model with the potential to reduce the level of 40 dollars.
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