Brent crude oil suffers negative pressures – Analysis 22-05-2025

neft1The (Brent) price settled on a decline in its last intraday trading, affected by breaking a bullish correctional trend line on the short-term basis, accompanied by surpassing the support of its EMA50, facing extra negative pressure, preparing to break the current support level at $64.40, on the other hand, we notice the beginning of positive overlapping signals appearance on the (RSI), after reaching oversold levels, which decreases the last losses.

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