The (Brent) price declined in its last intraday trading, due to the stability of the current resistance at $62.35, amid the continuation of the negative pressure due to its trading below EMA50, amid the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, on the other hand, we notice the emergence of the positive signals on the relative strength indicators, which might decelerate the decline temporarily on the near-term basis.
Origin: Economies
