Quotes of BRENT oil continue to move within the downward trend and at the moment oil quotes are testing the local minimum area at the level of 52.26 dollars per barrel. It is worth waiting for an attempt to continue the decline in quotations and oil prices in the area below the level of 51 dollars per barrel.
Analysis and forecast BRENT crude oil on April 26, 2017
In favor of falling quotations is the test of the downward trend line on the indicator of relative strength. The cancellation of the fall option will be a strong growth and breakdown of the region of $ 53 per barrel, which will indicate the continued growth of quotations BRENT.
Analysis and forecast BRENT crude oil on April 26, 2017 presupposes an attempt to fall into the region below the level of 51 dollars per barrel as part of the resistance line test on the relative strength indicator, the strong breakdown of the region’s breakdown will be 53 dollars per barrel.
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