Analysis & forecast Brent crude oil on September 20, 2017


Quotes of BRENT crude oil continue to be traded within the upward momentum. At this point, we should expect a rebound and a drop in oil prices in the area below the level of 53. In favor of falling quotations and prices for oil BRENT is the test of the resistance area on the indicator of relative strength index (RSI).

Analysis & forecast Brent crude oil on September 20, 2017

To expect the acceleration of the fall is with the breakdown of the level of 54.70. The cancellation of the fall in oil prices will be a strong growth and breakdown of the region $ 57 per barrel, indicating that the growth continues above the level of 60.

Analysis & forecast Brent crude oil on September 20, 2017

Analysis & forecast Brent crude oil on September 20, 2017 involves an attempt to drop BRENT with a potential target near level 53, an additional signal in favor of reducing oil will test the resistance line on the indicator of relative strength index (RSI).


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