BRENT
Brent has secured above the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 87.85 is expected, followed by a rise to 93.35. An additional signal confirming the rise will be a rebound from the lower boundary of the bullish channel. The scenario can be cancelled by a breakout of the lower boundary of the Cloud with the price securing under 84.25, which will mean a further decline to 80.05.
Origin: RoboForex
