The (Brent) price rose in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, under the dominance of the bullish corrective trend on the short-term basis, and its trading alongside trendline, the trading above the support of EMA50 reinforces this bullish track, to intensify the chances of extending the gains on the near-term basis.
Origin: Economies
