The price of (Brent) witnessed fluctuated trading in its last intraday levels, as it reached our morning suggested target at $66.40, and the stability of this support made the price gain some of the positive momentum that helped it to bounce higher, with the emergence of the positive signals on the (RSI), attempting to offload some of this oversold levels, affected by the dynamic resistance that is represented by its trading below EMA50, with its exit from bullish correctional channels range on the short-term basis.

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