Brent crude oil breaches its current resistance – Analysis 29-05-2025

neft-l1The Brent price rose in its last intraday trading, surpassing the negative pressure of the EMA50, accompanied by breaching the current resistance at $64.50, amid the bullish correctional trend on the short-term basis, despite the beginning of the negative signals on the (RSI), after reaching overbought levels, which indicates the domination of the buying strength.

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