The (Brent) price rose in its last trading on the intraday levels, supported by the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, with the stability of its trading above the critical support at $64.95, providing renewed bullish momentum that increases the chances of extending the corrective gains on the near-term basis, but the resistance of the EMA50 remains an obstacle that might reduce the upcoming gains.
Origin: Economies
