Quotes of WTI crude oil also traded in line with expectations. To date, there has not been testing the upper limit of the downward channel, but there is a test downward trend line on the indicator of relative strength, which implies a drop of WTI oil prices since these levels.
Forecast oil price WTI — June 22, 2016
Cancellation option can be strong price growth and oil prices above the $ 51 per barrel. But do not rule out a test version of the top model boundaries 5-0 and only then continue to fall to below 46 dollars per barrel.
Forecast oil price WTI — June 22, 2016 suggests an attempt fall in the rebound from the downward trend line on the indicator of relative strength with the objectives at the level of 46.
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