Brent crude oil is aiming to breach key resistance at $67.60, supported by positive technical formations and offloading overbought conditions
The (Brent) price witnesses fluctuated trading on its last intraday levels, in attempt to gain bullish momentum that might help it to breach the key resistance at $67.60, taking advantage of the dynamic support that is represented by its trading above EMA50, affected by positive technical formation on the short-term basis, which is the double bottom pattern, besides the price success in offloading its overbought conditions that were clear on the (RSI), opening the way for achieving more of the gains.
