Brent crude oil price is rising after reaching oversold levels, with positive signals on the RSI
The bullish trend on a short-term basis is dominant, with trading above EMA50 providing dynamic support
The price is expected to continue its positive pressure and maintain a bullish track
The (Brent) price rose in its last intraday levels, with the emergence of the positive signals on the (RSI), after reaching exaggerated oversold levels, amid the dominance of the bullish trend on the short-term basis and its trading alongside a minor bias line, with the continuation of the positive pressure due to its trading above EMA50, forming dynamic support that keeps the bullish track.
