BRENT.CMD
PREDICTED PRICE: $47.35
The Oil has reached a Bounce Level which is acting as support
There are 2 potential Support levels Identify as:
  • Closing Price of Sep/02/2016, at $46.72
  • Low of date Sep/02/2016 at $45.38
DAILY CHART:
Chart shows 2 potential levels of Support, this could be a bounce back up points.
The MACD Histogram indicates a possible move up convergence
4 HOUR CHART:
Chart indicates mainly a possible convergence developing, the first support was reached and shows a small bounce
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