Brent oil price retests its current resistance – Analysis – 08-04-2025

neft-l3Brent oil price moved forward in its last intraday trading, while attempting to correct the sharp bearish wave on the short-term basis, to retest the current resistance at 64.80$, but the negative pressure remains valid due to the price trading below the EMA50, beside the negative overlapping move in the (RSI), after the price success to surpass the oversold areas.


Leave a Reply