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Brent crude oil gets ready to break critical support- Analysis-08-08-2025
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Brent crude oil gets ready to break critical support- Analysis-08-08-2025
Aug 7, 2025 11:01 PM

The (Brent) price declined in its last intraday trading, to lean on the critical support level at $66.00, preparing for breaking it amid its affection by breaking a bullish trend line on a short-term basis, 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.

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