BRENT
Brent has practically formed a consolidation range around 84.35. By now, the market has extended it upwards to 87.00, technically returning to the previously broken 84.45 level. Now we notice attempts to escape this range upwards, targeting 88.40, from which level the trend might extend to 90.00. This is a local target. Once it is reached, a correction link to 87.00 is not excluded. Next, a rise to 92.00 is expected, from which level the trend might extend to 96.50. This is the first target.
Origin: RoboForex
