Quotes of BRENT crude oil continue to move within the flat trend. At this point, we should expect a test of the level of 64.20. Then continue the growth in the area above the level of 67.20. In favor of the growth of quotations and prices for oil BRENT will perform a test of the support line on the indicator of relative strength index (RSI).
BRENT crude oil forecast on December 26, 2017
Abolition of the variant of oil price growth will be a drop and a breakdown of 62.00 dollars per barrel, which will indicate the continuation of the fall of oil. Expect the acceleration of growth is with the breakdown of the resistance level and closing above 66.50.
BRENT crude oil forecast on December 26, 2017 presupposes an attempt to test the level of 64.20, from which one should expect a rebound and an increase in the price of oil with a target higher than the level of 67.20, the cancellation of the variant of the growth of the price of BRENT oil will be a breakdown at 62.00, which will indicate the continuation of the fall.
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