Brent crude oil price is rising and preparing to attack critical resistance at $69.35, supported by trading above EMA50 and bullish correction trend
The (Brent) price rose in its last intraday trading, preparing to attack the critical resistance level at $69.35, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish correction trend on the short-term basis, besides the relative strength indicators reach to oversold levels, which might intensify the positive momentum in the upcoming period.
Origin: Economies
