The Brent price rose in its last intraday trading, preparing to attack the critical resistance level at $68.50, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a supportive bias line for this track, taking advantage of the dynamic support that is represented by its trading above EMA50, intensifying the bullish momentum, on the other hand, we notice that the (RSI) reached overbought levels, with the beginning of negative overlapping signals appearance from them, which might reduce its upcoming gains.
Origin: Economies
