Brent crude oil price settled low below critical support level at $66.00, indicating strong bearish trend
Negative pressure on Brent crude oil comes from trading below EMA50 and negative signals on RSI
The (Brent) price settled low in its last trading on the intraday levels, settled below the critical support level at $66.00, in a strong signal to confirm breaking it, amid its trading alongside a minor bearish trend line, indicating the strength and dominance of this trend, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.
