Brent crude oil is testing a minor bearish bias line – Analysis 14-08-2025

rub-l13Brent crude oil price rose in last trading session, attempting to recover previous losses

Positive signals on RSI after reaching oversold levels, testing resistance of minor bearish trend line

The (Brent) price rose in its last trading on the intraday levels, in an attempt to recover its previous losses, this rise was supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, testing the resistance of minor bearish trend line on the short-term basis, amid the continuation of the negative pressure that comes from its trading below EMA50, which prevents the recovery on the near-term basis.

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