Brent crude oil price rose in last intraday trading due to stability of critical support at $66.00
Positive momentum helped achieve cautious gains, attempting to recover previous losses
Main bearish trend dominance, trading below EMA50, negative signals on RSI indicate overbought levels compared to price movement
The (Brent) price rose in its last intraday trading, due to the stability of the critical support at $66.00, gaining positive momentum that helped it to achieve these cautious gains, attempting to recover some of its previous losses, amid the dominance of the main bearish trend and its trading below EMA50, besides the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, exaggeratedly compared to the price movement.
