The (Brent) price soared higher in its last intraday trading, to settle above the key support of $64.95, supported by the emergence of the positive signals on the relative strength indicators, in a strong sign to begin a bullish corrective wave on the short-term basis, attempting to recover some of its previous loses, but its trading below EMA50 decelerates its rise freely on the near-term basis.
Origin: Economies
