BRENT
Brent is on the rise within a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 87.05 is expected, followed by a rise to 89.70. An additional signal confirming the rise could be a rebound from the lower boundary of the bullish channel. The scenario could be cancelled by a breakout of the lower boundary of the Cloud, with the price gaining a foothold below 84.60, which will signal a further decline to 81.55.
Origin: RoboForex
