Quotes of WTI crude oil continues to trade near the level of 48 dollars per barrel. At the moment, there is potential for growth in the framework of efforts to rebound from the uptrend line on the indicator of relative strength.
WTI forecast oil prices — May 25, 2016
An additional signal in favor of the increase in oil prices WTI will break up the triangle model. Cancellation option of growth with a view above the level of 49.59 will drop the prices of oil below the 47.50 dollars per barrel. In this case, is expected to continue falling to the level of below $ 40. WTI forecast oil prices — May 25, 2016 involves attempt to increase in the rebound from the support area on the indicator RSI.
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