Quotes of BRENT crude oil continue to move in line with growth. At this point, we should expect a test of the level of support near the level of 65.20. Then continue the growth in the area above the level of 68.50. In favor of the growth of quotations and prices for oil BRENT will test the trend line on the indicator of relative strength index (RSI), as well as a test of the lower boundary of the bullish channel.
BRENT crude oil forecast on December 28, 2017
Abolition of the variant of oil price growth will be a drop and breakdown of the level of 64.00 dollars per barrel, which will indicate the continuation of the fall of oil. Expect the acceleration of growth is with the breakdown of the upper channel boundary level and the closing above 67.50.
BRENT crude oil forecast on December 28, 2017 presupposes an attempt to test the support level near the area of 65.20, from which one should expect a rebound and an increase in the price of oil with a target higher than the level of 68.50, the abolition of the variant of the growth of the price of BRENT oil will be a breakdown at 64.00, continuation of the fall.
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