Brent: Breakout of the resistance level of 46.20 Technical analysis for 15.08.2016

Forex analytics: Review and dynamics At the beginning of August the price of crude oil Brent rebounded from the support level of 41.70 (Fibonacci 38.2% to the decline from $65.30 to the lows of 2016 at the level of 27.05) and corrected to the resistance level of 45.65 (ЕМА200 on the daily chart).Last Friday, the USD fell sharply on the weak data on retail trade. However, at the end of the trading day the ...