Brent: positive evolution continues. Technical analysis for 10.06.2016.

Forex analytics: Review and evolution Several fundamental factors allowed Brent oil prices to add more than 3 dollars since the beginning of the month by breaking out an important resistance level of 50.70 (61.8% Fibonacci retracement to the decline from 65.30 to the lows of the year 2016 near 27.05), and reach 10-month highs near a level of 52.80. Our opinion Despite a correction that started on Thursday, a ...