The (Brent) price witnessed fluctuated moves at its last intraday levels, leaning on $63.70 support, after its previous attempts to look for rising low to help it recover the bullish momentum to support it to rally higher again, supported by its trading above EMA50, besides the beginning of forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals.
Origin: Economies
